BPCE - 2018 Registration document

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2018

Fair value hierarchy of financial assets and liabilities at December 31, 2017 under IAS 39

Total*

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS Securities

50,301 12,751 37,550

5,010 2,093 2,917

256 256

55,567 15,100 40,467 47,158 28,070

Fixed-income securities Variable-income securities

Derivatives

677

44,298 27,756

2,183

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

312 564

533

2,477

3,574

2

13,184

1,106

14,292

390 491 276

200

590 632

Other derivatives

140

1

Other financial assets

1,662 4,101 2,536 1,818

1,938

Financial assets held for trading

50,978 17,381

49,584

104,663 22,276

Securities

2,359

Fixed-income securities Variable-income securities

766

101

2,685

16,615

2,258

718

19,591 42,828 65,104

Other financial assets

22

39,138 41,497

3,668 6,204

Financial assets designated at fair value through profit or loss

17,403

Interest rate derivatives Currency derivatives Hedging derivatives Investments in associates

8,713 1,090 9,803 7,910 5,609 2,301 314

8,713 1,095 9,808 3,385

5 5

140

2,931 5,380 3,591 1,789

5

Other securities

87,955 80,704

101,245 89,904 11,341

Fixed-income securities Variable-income securities

7,251

Other financial assets

10

29

39

Available-for-sale financial assets

88,095

8,234

8,340

104,669

FINANCIAL LIABILITIES Securities

26,605

343

26,948 47,670 28,092

Derivatives

735

44,920 27,756

2,015

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

53

283 255

551

4,200

5,006

1

12,269

1,159

13,429

469 226

315

784 359

Other derivatives

130

3

Other financial liabilities

42

42

Financial liabilities held for trading

27,340

45,305 22,416 34,448 56,864 11,971

2,015

74,660 22,789 38,468 61,257 11,971

Securities

373

Other financial liabilities

2,908 2,908

1,112 1,485

Financial liabilities designated at fair value through profit or loss

Interest rate derivatives Currency derivatives

2,754

2,754

Hedging derivatives

14,725

14,725

The contribution from the insurance entities at December 31, 2017 was a carrying amount of €73,829 million, of which €4,970 million for Level 2 and €5,271 million for Level 3. *

353

Registration document 2018