BPCE - 2018 Registration document

5 FINANCIAL REPORT

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

5.5.3

Loans and receivables due from customers at amortized cost

12/31/2018

01/01/2018

in millions of euros

Current accounts with overdrafts Other facilities granted to customers Loans to financial sector customers

4,318

4,888

166,911

166,792

7,444

5,913

Short-term credit facilities

31,459 25,238 57,949

29,884 27,180 58,706

Equipment loans

Home loans Export loans

3,562 7,505

3,198 7,471

Repurchase agreements

Finance leases

12,191

11,998

Subordinated loans

186

184

Other loans

21,377

22,258

Other loans or receivables due from customers

8,778

7,859

Security deposits paid

172

43

Gross loans and receivables due from customers

180,180

179,582

Impairment for expected credit losses

(3,025)

(3,791)

TOTAL

177,155

175,791

The fair value of loans and receivables due from banks is presented in Note 10. The classification of outstanding loans and impairment for credit losses by impairment Stage is detailed in Note 7.1.

5.6

ACCRUED INCOME AND OTHER ASSETS

12/31/2018

01/01/2018

in millions of euros

Collection accounts Prepaid expenses

481 251 347

229 210 465

Accrued income Other accruals

1,759 2,838

2,026 2,929

Accrued income and prepaid expenses

Settlement accounts in debit on securities transactions

319

308

Other debtors Other assets

14,550 14,869 17,707

15,239 15,547 18,476

TOTAL ACCRUED INCOME AND OTHER ASSETS

NON-CURRENT ASSETS HELD FOR SALE AND ASSOCIATED LIABILITIES 5.7

Accounting principles Where a decision is made to sell non-current assets and it is highly probable that the sale will occur within 12 months, these assets are shown separately on the balance sheet on the “Non-current assets held for sale” line. Any liabilities associated with these assets are also shown separately on the balance sheet on the “Liabilities associated with non-current assets held for sale” line. Once classified in this category, non-current assets are no longer depreciated/amortized and are measured at the lowest of their A non-current asset (or group of assets) is held for sale when its carrying amount is recovered by its sale. The asset (or group of assets) must be immediately available for sale and it must be highly likely that the sale will be completed within the next twelve months.

carrying amount or fair value less sales costs. Financial instruments continue to be measured in accordance with IFRS 9. A non-current asset (or group of assets) is held for sale when its carrying amount is recovered by its sale. The asset (or group of assets) must be immediately available for sale and it must be highly likely that the sale will be completed within the next twelve months. At December 31, 2018, the assets and liabilities of entities held for sale were presented in accordance with IFRS 5 (Non-Current Assets Held for Sale and Discontinued Operations) in two separate lines of the balance sheet, with € 6,167 million in non-current assets held for sale and € 4,975 million in liabilities associated with non-current assets held for sale.

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Registration document 2018