BPCE - 2018 Registration document

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

Impacts of the change

Balance sheet under IAS 39 at December 31, 2017

in millions of euros IFRS 9

Balance sheet under IFRS 9 at January 1, 2018

in millions of euros IAS 39 Cash and amounts due from central banks Financial assets at fair value through profit or loss Hedging derivatives Available-for-sale financial assets

Total after reclassifications

Insurance businesses Reclassifications

Value adjustment for credit losses (2)

Value (1)

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

82,721

82,721

82,721

167,016

(22,379)

64,260

208,898

208,898

8,606

1

3

8,610

8,610

65,161

(46,468)

(18,693)

15,941

15,941

(11)

15,929

Loans and receivables due from credit institutions

121,585

(500)

(2,780)

118,304

118,304

Loans and receivables due from customers

241,331

(10,312)

(54,933)

176,086

(294)

175,791

Debt securities at amortized cost

15,720

15,720

224

(21)

15,923

Revaluation differences on interest rate risk-hedged portfolios

Revaluation differences on interest rate risk-hedged portfolios

5,096

5,096

5,096

Held-to-maturity financial assets

5

2,126

(1,885)

(241)

Insurance business investments

96,051

96,051

96,051

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

1,421 1,698

1,421 1,592

1,421 Current tax assets 1,501 Deferred tax assets

(106)

(91)

Accrued income and other assets Non-current assets held for sale

51,206

(13,558)

(19,172)

18,476

18,476

1,195

1,195

1,195

Deferred profit-sharing Investments in associates

Deferred profit-sharing

Investments in associates

3,625 1,111

3,625

(2)

3,623

Investment property Property, plant and equipment Intangible assets

(949)

162

162 Investment property

Property, plant and equipment

1,111

1,111

1,111

884

884

884 Intangible assets

Goodwill

3,728

3,728

3,728

Goodwill

TOTAL ASSETS

759,620

759,620

224

(419)

759,425 TOTAL ASSETS

417

Registration document 2018