BPCE - 2018 Registration document

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

Impacts of the change

Balance sheet under IAS 39 at December 31, 2017

Balance sheet under IFRS 9 at January 1, 2018

Value adjustment for credit losses (2)

Total after reclassifications

in millions of euros IAS 39

Insurance businesses Reclassifications

in millions of euros IFRS 9 Cash and amounts due from central banks Financial assets at fair value through profit or loss Hedging derivatives – Positive FV Financial assets at fair value through other comprehensive income Loans and receivables due from credit institutions Loans and receivables due from customers

Value (1)

Cash and amounts due from central banks Financial assets at fair value through profit or loss Hedging derivatives Available-for-sale financial assets

94,702

94,702

(4)

94,698

169,768

(23,923)

66,652

212,497

212,497

9,809

1

(17)

9,793

9,793

104,669

(51,310)

(53,359)

35,449

35,449

(3)

35,446

Loans and receivables due from credit institutions Loans and receivables due from customers

92,061

(500)

(1,333)

90,228

(6)

90,222

693,128

(10,268)

(54,811)

628,049

(1,612)

626,437

Debt securities at amortized cost

33,544

33,544

(49)

33,495

Revaluation differences on interest rate risk-hedged portfolios

Revaluation differences on interest rate risk-hedged portfolios

5,805

(8)

5,797

5,798

Held-to-maturity financial assets

7,834

(2,655)

(5,179)

5

Insurance business investments

103,182

103,182

103,182

Current tax assets Deferred tax assets Accrued income and other assets Non-current assets held for sale Deferred profit-sharing

1,470 3,081

1,470 3,048

1,470 Current tax assets 3,754 Deferred tax assets

(32)

706

Accrued income and other assets Non-current assets held for sale Deferred profit-sharing

60,290

(13,313)

(20,905)

26,061

26,061

1,195

1,195

1,195

Investments in associates

Investments in associates

4,112 1,994

4,113

(8)

4,105

Investment property Property, plant and equipment Intangible assets

(1,204)

790

790 Investment property

Property, plant and equipment Intangible assets

4,461 1,167 4,304

4,461 1,167 4,304

4,461 1,167 4,304

Goodwill

Goodwill

TOTAL ASSETS

1,259,850

1,259,850

(976)

1,258,873 TOTAL ASSETS

259

Registration document 2018