BPCE - 2018 Registration document

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

Country of location

Business

Country of location

Business

URUGUAY NATIXIS INVESTMENT MANAGERS URUGUAY

International development and consulting services Financial investment advisory services

PRAMEX INTERNATIONAL SARL, TUNIS

Distribution

SOCIÉTÉ DU CONSEIL ET DE L’INTERMEDIATION FINANCIÈRE

VANUATU BRED VANUATU

Credit institution

Real estate development Private equity Private equity

FONCIÈRE DU VANUATU

Real estate investment

TUNIS CENTER

VIETNAM

UNIVERS INVEST (SICAR)

Specialized credit institution

UNIVERS PARTICIPATIONS (SICAF)

BPCE INTERNATIONAL HO CHI MINH CITY

TURKEY COFACE SIGORTA TURQUIE

Insurance

STATUTORY AUDITORS’ FEES 12.7 Fees in respect of duties carried out by the Statutory Auditors for the whole of Groupe BPCE (including Statutory Auditors not belonging to the same network as those responsible for auditing BPCE’s financial statements) in respect of the 2017 and 2018 fiscal years were as follows:

Other Statutory Auditor networks

Statutory Auditors responsible for auditing BPCE’s financial statements

PwC

Mazars

Deloitte

Amount

%

Amount

%

Amount

%

KPMG Audit (2)

Other

Total

in thousands of euros (1)

2018

2018

2018

2018

2018

2018

2018

2018

2018

2017

2017

2017

2017

2017

2017

2017

2017

2017

Certification of financial statements Services other than certification of financial statements (3)

12,902 12,803 69% 79% 5,378 7,080 72% 83% 11,023 10,746 70% 66% 5,701 5,606 2,120 1,877 37,124 38,112

5

5,713 3,358 31% 21% 2,072 1,501 28% 17% 4,816 5,453 30% 34% 676 677 50 27 13,328 11,015 18,615 16,161 100% 100% 7,450 8,581 100% 100% 15,839 16,199 100% 100% 6,377 6,283 2,170 1,904 50,452 49,127

TOTAL

Change (in %)

15%

(13%)

(2%)

1%

14% 3%

Amounts relating to services provided appear on the income statement for the reporting year, notably including unrecoverable VAT. (1) For the KPMG audit network, amounts include fees paid to the network when it signs the financial statements of shareholder institutions (and their subsidiaries) or direct subsidiaries of BPCE SA group. As a (2) result, these amounts essentially exclude the fees paid by Natixis subsidiaries (€2 million for the certification of financial statements) and €2.2 million for services other than the certification of financial statements for Natixis group and €1.8 million for BPCE SA group. In 2018, “Services other than the certification of financial statements” mainly included assignments requested by BPCE, for €2 million including €0.7 million for comfort letters relating to issues, with this (3) amount being divided between BPCE’s three Statutory Auditors, and €0.7 million for consultations carried out by PwC, €0.3 million for BCBS standard 239 performed by Deloitte, and €0.3 million for the drafting of a test of the Recovery Plan by PwC, and assignments requested by Natixis SA and its subsidiaries (€8.3 million), in particular compliance review assignments related to the system in place at certain Group entities with regard to regulatory provisions for €2.8 million, tax audits mainly of the US platform for €1 million, assignments relating to the restructuring of certain business lines for €0.7 million (€0.4 million for Insurance, €0.2 million for Payments and €0.1 million for Brokerage).

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Registration document 2018