BPCE - 2018 Registration document
5 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
Balance sheet under IFRS 9 at January 1, 2018
in millions of euros IAS 39 Financial liabilities at fair value through profit or loss Hedging derivatives
in millions of euros IFRS 9 Financial liabilities at fair value through profit or loss
Total after reclassifications
Insurance businesses Reclassifications
Value adjustment for credit losses (2)
Value (1)
138,498 10,000
(183)
75,254
213,570 10,000
213,570
10,000 Hedging derivatives
Amounts due to credit institutions and similar items
Amounts due to credit institutions
122,098
(3)
(8,719)
113,376
113,376
Amounts due to customers Debt securities
Amounts due to customers Debt securities
115,974 205,884
(53,196)
62,778 205,929
62,778 205,929
45
Revaluation differences on interest rate risk-hedged portfolios Current tax liabilities Deferred tax liabilities Accrued expenses and other liabilities Liabilities on assets held for sale Technical reserves of insurance companies Subordinated debt Shareholders’ equity Equity attributable to equity holders of the parent Share capital and additional paid-in capital Retained earnings Unrealized gains and losses Net income for the period Provisions
Revaluation differences on interest rate risk-hedged portfolios
307 712 663
307 712 546
307
712 Current tax liabilities 420 Deferred tax liabilities
(118)
71
(197)
Accrued expenses and other liabilities Liabilities associated with non-current assets held for sale and discontinued operations Liabilities related to insurance policies Equity attributable to equity holders of the parent Share capital and additional paid-in capital Gains and losses recognized directly in OCI Net income for the period Provisions
42,373
(9,723)
(13,297)
19,353
19,353
717
717
717
76,644
9,908
86,552
86,552
2,825
2,825
178
3,002
17,025 25,900
31
17,056 25,900
17,056 Subordinated debt 25,653 Shareholders’ equity
152
(399)
18,882
18,882
153
(341)
18,694
12,582
12,582
12,582
5,539
5,539
433
(341)
5,631 Retained earnings
761
761
(280)
481
Non-controlling interests
Non-controlling interests
7,018
7,018
(1)
(58)
6,959
TOTAL LIABILITIES
759,620
759,620
223
(418)
759,425 TOTAL LIABILITIES
This relates to the change in the way the asset is measured. For example, an asset at amortized cost under IAS 39 can be measured at fair value under IFRS 9. (1) The impact of first-time application of the new impairment model is provided in Note 5.3.6 §3. (2)
418
Registration document 2018
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