BPCE - 2018 Registration document

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

Financial liabilities

01/01/2018

Carrying amount under IAS 39

Carrying amount under IFRS 9

Financial liabilities under IAS 39

Classification under IFRS 9

Note

Financial liabilities at fair value through profit or loss o/w fair value through profit or loss relating to trading activities

138,498

77,200 51,050

Derivatives

Financial liabilities at fair value through profit or loss

50,867

Liabilities related to insurance policies

183

Securities

Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss

26,093

26,093

Other liabilities

57

57

o/w designated at fair value through profit or loss

61,298 22,793 34,966

Securities

Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss Financial liabilities at fair value through profit or loss

22,793 34,966

Securities sold under repurchase agreements

(a)

Other liabilities

3,539

3,539

Hedging derivatives

10,000 10,000

Hedging derivatives

10,000

Amounts due to credit institutions and customers

238,072 80,426 32,697 22,365 23,516 19,307 59,761

Deposits and loans

Amounts due to credit institutions

80,426 32,697 22,365 23,516

Amounts due to customers

Current accounts

Amounts due to credit institutions

Amounts due to customers

Securities sold under repurchase agreements

Amounts due to credit institutions

9,463 5,978

5

Amounts due to customers

Financial liabilities at fair value through profit or loss

63,627

(b)

Accrued expenses and other liabilities

42,374

Accrued income and other assets

19,356 11,628

Financial assets at fair value through profit or loss

Amounts due to credit institutions

1,122

Amounts due to customers

586

Liabilities related to insurance policies

9,723

Technical reserves of insurance companies

Liabilities related to insurance policies

76,644 205,884

76,644 205,929

Debt securities

Revaluation differences on interest rate risk-hedged portfolios

307 712 663 717

307 712 420 717

Current tax liabilities Deferred tax liabilities

Liabilities on assets held for sale

Provisions

2,825

3,002

Subordinated debt

17,025 25,900 759,620

17,056 25,653

Total shareholders’ equity

TOTAL 759,425 Securities sold under repurchase agreements classified as “Financial liabilities designated at fair value through profit or loss” under IAS 39 and managed under a trading business model are classified as (a) “Financial assets at fair value through profit or loss” under IFRS 9 for €34,966 million. Securities sold under repurchase agreements classified as “Liabilities at amortized cost” under IAS 39 and managed under a trading business model are classified as “Financial liabilities at fair value through (b) profit or loss” under IFRS 9 for €63,627 million.

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Registration document 2018