BPCE - 2018 Registration document

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

Fiscal year 2018 Interest income Interest expenses

Net

in millions of euros

Loans/borrowings due from credit institutions Loans/borrowings due from customers Bonds and other debt securities held/issued

1,008 4,930

(730) (787)

278

4,143 (3,313)

658

(3,971)

Subordinated debt

(672)

(672)

Financial assets and liabilities at amortized cost (excluding finance leases)

6,596

(6,160)

436 360 148 148 944 123 256 163

Finance leases Debt securities

364 148 148

(4)

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 (1)

7,108

(6,164)

Non standard financial assets not held for trading

123

Hedging derivatives

3,584

(3,328)

Economic hedging derivatives

263

(100)

TOTAL INTEREST INCOME AND EXPENSES

11,078

(9,592)

1,486

Interest income from financial assets with a known credit risk (impairment Stage 3) amounted to €272 million on financial assets at amortized cost. (1)

Figures for 2017 under IAS 39

Fiscal year 2017

Income 6,103 1,432

Expense (1,644) (1,028)

Net

in millions of euros

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

4,459

5

404 339

Finance leases

339

///

Debt securities and subordinated debt

///

(4,303) (3,497)

(4,303)

Hedging derivatives

4,208 1,102

711

Available-for-sale financial assets Held-to-maturity financial assets

/// /// ///

1,102

122

122

Impaired financial assets

7

7

Other interest income and expenses

12

(31)

(19)

TOTAL INTEREST INCOME AND EXPENSES (1)

13,325

(10,503)

2,822

Of which net interest income of €1,305 million in 2017 for insurance activities, for which the related income is now presented as “Net income from insurance activities”. (1)

439

Registration document 2018