BPCE - 2018 Registration document
ACTIVITIES AND FINANCIAL INFORMATION 2018 Groupe BPCE financial data
4.3.8
Analysis of the Groupe BPCE consolidated balance sheet
Opening balance sheet (January 1, 2018) in accordance with IFRS 9.
Change
01/01/2018
€bn
%
12/31/2018
in billions of euros
Cash and amounts due from central banks Financial assets at fair value through profit or loss
76.5
94.7 (18.2) 212.5 (12.0)
(19.3%)
200.5
(5.6%)
Hedging derivatives – Positive FV
8.2
9.8
(1.6)
(16.7%) 13.1%
Financial assets at fair value through other comprehensive income
40.1
35.4
4.6
Financial assets at amortized cost
782.2
750.2 32.0
4.3% 1.0% 5.2%
Loans and receivables due from credit institutions Loans and receivables due from customers
91.1
90.2
0.9
659.3
626.4 32.8
Debt securities at amortized cost
31.8
33.5
(1.7) (0.3)
(5.1%) (5.5%)
Revaluation differences on interest rate risk-hedged portfolios
5.5
5.8
4
Insurance business investments
110.3
103.2
7.1 3.3 0.0 0.2
6.9% 8.9%
Current and deferred tax assets and other assets
39.8
36.6
Fixed assets (excluding goodwill)
6.4 4.5
6.4 4.3
(0.3%) 4.3% 1.2%
Goodwill ASSETS
1,273.9
1,258.9 15.1
Amounts due to central banks
0.0
0.0
0.0
ns
Financial liabilities at fair value through profit or loss
194.9
206.9 (12.1)
(5.8%) (7.7%)
Hedging derivatives – Negative FV
13.6
14.7
(1.1)
Financial liabilities at amortized cost (excluding subordinated debt)
832.9
818.5 14.4
1.8% 1.2% 2.6%
Amounts due to credit institutions
85.7
84.6
1.0
Amounts due to customers
530.3 216.9
516.7 13.6
Debt securities
217.1
(0.2) (0.1)
(0.1%)
Revaluation differences on interest rate risk-hedged portfolios Current and deferred tax liabilities and other liabilities
0.2
0.4
(39.9%) 16.4%
35.9 98.9
30.9 93.7
5.1 5.1
Liabilities related to insurance policies
5.5%
Provisions
6.6
6.8
(0.2)
(3.3%) 1.1% 5.5% 6.0% 1.5% 1.2%
Subordinated debt
17.6 73.4 66.2
17.4 69.6 62.5
0.2 3.8 3.7 0.1
Shareholders' equity
Equity attributable to equity holders of the parent
Non-controlling interests
7.2
7.1
LIABILITIES
1,273.9
1,258.9 15.1
Financial assets at fair value through profit or loss Financial assets at fair value through profit or loss include assets held for trading, including derivative financial instruments. Total financial instruments measured at fair value through profit or loss decreased by € 12.0 billion compared to January 1, 2018, due to: a decline in treasury bills and similar securities (- € 4.4 billion); ● a decrease in equities and other equity instruments (- € 7.1 billion); ● and, to a lesser extent, a drop in trading derivatives (- € 1.1 billion), ● adversely affected by fixed income and foreign exchange transactions (- € 3.9 billion).
At December 31, 2018, the consolidated balance sheet of Groupe BPCE totaled € 1,273.9 billion, up 1.2% compared with January 1, 2018 (accounting balance sheet under IFRS 9). The return on assets stood at 30 bp in 2018. CHANGES IN SIGNIFICANT ASSET ITEMS The main asset items are loans and receivables due from customers (51.8% of total assets at December 31, 2018) and credit institutions (7.2%), financial assets at fair value through profit or loss (15.7%), and insurance business investments (8.7%). Taken together, these items account for nearly 83.3% of the Group’s assets.
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Registration document 2018
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