BPCE - 2018 Registration document

5 FINANCIAL REPORT

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

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES 10.1 10.1.1 Fair value hierarchy of financial assets and liabilities The following statement provides a breakdown of financial instruments by type of price and valuation model:

Total

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS Debt instruments

8,637

105,251 101,257

2,889 2,814

116,777 104,736 12,041 22,761 22,761 48,312 29,253

Loans due from credit institutions and customers

665

Debt securities

7,972

3,994

75

Equity instruments

22,701 22,701

60 60

Shares and other equity securities

Derivatives

1,449

45,104 29,058

1,759

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

193 402

1,193

4,635

6,230

10,913

1,007

11,920

265 233

156

421 487

Other derivatives

254

Financial assets at fair value through profit or loss – Held for trading (1)

32,787

150,415

4,648

187,850

Derivatives

457 279 179

79 70

536 349 188

Interest rate derivatives Currency derivatives

9

Financial assets at fair value through profit or loss – Economic hedging

457

79

536

Debt instruments

2 2

2 2

Loans due from credit institutions and customers

Financial assets designated at fair value through profit or loss

2

2

Debt instruments

2,422

2,097 1,820

2,612 1,366 1,246

7,131 3,186 3,945

Loans due from credit institutions and customers

Debt securities

2,422

277

Financial assets at fair value through profit or loss – Non standard

2,422

2,097

2,612

7,131

Equity instruments

175 175

6 6

611 611

792 792

Shares and other equity securities

Financial assets at fair value through profit or loss – Excluding assets held for trading

175

6

611

792

Debt instruments

13,689

939

33 21 12

14,661

Loans due from credit institutions and customers

2

23

Debt securities

13,690

936 180 180

14,638

Equity instruments

79 79

812 812

1,071 1,071

Shares and other equity securities

Financial assets at fair value through other comprehensive income

13,768

1,119 5,971 1,182 7,153

846

15,733

Interest rate derivatives Currency derivatives Hedging derivatives

5,971 1,182 7,153

TOTAL FINANCIAL ASSETS AT FAIR VALUE

49,152

161,249

8,796

219,197

504

Registration document 2018