BPCE - 2018 Registration document

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

12/31/2018

01/01/2018

Accumulated depreciation and impairment

Accumulated depreciation and impairment

Gross amount

Net amount

Gross amount

Net amount

in millions of euros

Property, plant and equipment Land and buildings -

530 573

(348) (158) (980)

182 415

530 481

(332) (129) (997)

198 352 561

Leased real estate -

Equipment, furniture and other property, plant and equipment -

1,471 2,574

491 1,558 1,089 2,569

TOTAL PROPERTY, PLANT AND EQUIPMENT

(1,485)

(1,458)

1,111

Intangible assets Leasehold rights -

59

(19)

39

65

(23)

42

Software -

2,101

(1,548)

553 1,971

(1,462)

509 333 884

Other intangible assets -

661

(302)

359

607

(274)

TOTAL INTANGIBLE ASSETS

2,821

(1,869)

951 2,643

(1,759)

AMOUNTS DUE TO CREDIT INSTITUTIONS AND CUSTOMERS 5.10

Accounting principles These liabilities, which are not classified as financial liabilities at fair value through profit or loss, are carried at amortized cost under “Amounts due to credit institutions” or “Amounts due to customers”. Issues of debt securities (which are not classified as financial liabilities at fair value through profit or loss or through other comprehensive income) are initially recognized at fair value less any transaction costs. They are subsequently measured at amortized cost at each balance sheet date using the Effective Interest Method. These instruments are recognized on the balance sheet under “Amounts due to credit institutions”, “Amounts due to customers” or “Debt securities”. Securities are recorded in the balance sheet on the settlement/delivery date. Temporary transfers of securities are also recorded on the settlement/delivery date. The first-in, first-out (FIFO) method is applied to any partial disposals of securities, except in special cases. For reverse repurchase transactions, a loan commitment received is recorded between the transaction date and the settlement/delivery date when such transactions are recorded as “Loans and receivables”.

5

Amounts due to credit institutions 5.10.1

12/31/2018

01/01/2018

in millions of euros Demand deposits

22,650

22,365

Repurchase agreements

2,188

4,097

Accrued interest

4

4

Amounts due to credit institutions – repayable on demand

24,842 80,659

26,465 80,270

Term deposits and loans Repurchase agreements

7,419

5,385

Accrued interest

(65)

108

Amounts due to credit institutions – repayable at agreed maturity dates

88,012

85,763

Guarantee deposits received

949

1,148

TOTAL AMOUNTS DUE TO CREDIT INSTITUTIONS

113,803

113,376

The fair value of amounts due to credit institutions is presented in Note 10.

461

Registration document 2018