BPCE - 2018 Registration document

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

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES AT AMORTIZED COST 10.2

For financial instruments not measured at fair value on the balance sheet, fair value calculations are provided for information purposes and must only be interpreted as estimates. In most cases, the values indicated are not liable to be realized and generally may not be realized in practice. These fair values are thus only calculated for information purposes in the notes to the financial statements. They are not indicators used in the interest of overseeing retail banking activities, for which the management model is based on the collection of expected cash flows. The simplified assumptions used to measure the fair value of instruments at amortized costs are presented in Note 10.1.

12/31/2018

Fair value

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS AT AMORTIZED COST Loans and receivables due from credit institutions Loans and receivables due from customers

91,652 675,364 31,295 91,299 530,554 217,981 18,345

2

29,508 139,212

62,142 536,043

109

Debt securities

16,248

8,841

6,206

FINANCIAL LIABILITIES AT AMORTIZED COST Amounts due to credit institutions

82,982 292,338 198,194

8,317

Amounts due to customers

238,216

Debt securities

12,373

7,414

Subordinated debt

9,692

8,189

464

5

At December 31, 2017 under IAS 39

12/31/2017

Measurement techniques using observable data (Level 2)

Measurement techniques using unobservable data (Level 3)

Price quoted in an active market (Level 1)

Fair value

in millions of euros

FINANCIAL ASSETS AT AMORTIZED COST Loans and receivables due from credit institutions Loans and receivables due from customers

93,229 713,515

100

31,811 142,774

61,318 569,160

1,581 8,353

Held-to-maturity financial assets

8,716

231

132

FINANCIAL LIABILITIES AT AMORTIZED COST Amounts due to credit institutions

91,844 570,782 223,045 20,562

62 36

79,476 316,348 146,462 19,893

12,306 254,398 75,459

Amounts due to customers

Debt securities

1,124

Subordinated debt

669

361

Registration document 2018