BPCE - 2018 Registration document
5 FINANCIAL REPORT
IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2018
Fiscal year 2018
Income 1,107 15,568
Expense
Net
in millions of euros
Loans/borrowings due from credit institutions (1) Loans/borrowings due from customers Bonds and other debt securities held/issued
(642)
465
(4,577) (4,086)
10,991 (3,037)
1,049
Subordinated debt
(679)
(679) 7,740
Financial assets and liabilities at amortized cost (excluding finance leases)
17,724
(9,984)
Finance leases Debt securities
492 547 547
(4)
488 547 547
Financial assets at fair value through other comprehensive income TOTAL FINANCIAL ASSETS AND LIABILITIES AT AMORTIZED COST AND AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME (2)
18,763
(9,988)
8,775
Non standard financial assets not held for trading
158
158
Hedging derivatives
4,208
(4,623)
(415)
Economic hedging derivatives
352
(229)
123
TOTAL INTEREST INCOME AND EXPENSES 8,641 Interest income from loans and receivables with credit institutions consists of €720 million in income (€707 million in 2017) collected on the Livret A, LDD and LEP passbook savings accounts, which (1) are deposited with Caisse des Dépôts et Consignations. Interest income from financial assets with a known credit risk (S3) amounted to €514 million in 2018 including €513 million recognized as financial assets at amortized cost. (2) 23,481 (14,840)
Figures for 2017 under IAS 39
Fiscal year 2017
Income 17,007
Expense (5,505)
Net
in millions of euros
Loans and receivables due from customers Loans and receivables due from credit institutions
11,502
1,378
(809)
569 495
Finance leases
495
///
Debt securities and subordinated debt
///
(4,420) (4,948)
(4,420)
Hedging derivatives
4,877 1,832
(71)
Available-for-sale financial assets Held-to-maturity financial assets
/// /// ///
1,832
269
269
Impaired financial assets
71 12
71
Other interest income and expenses
(27)
(15)
TOTAL INTEREST INCOME AND EXPENSES*
25,941
(15,709)
10,232
Of which a net margin of €1,451 million in 2017 for insurance activities, for which the related income is now presented as “Net income from insurance activities”. *
282
Registration document 2018
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