BPCE - 2018 Registration document

5 FINANCIAL REPORT

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

Fair value hierarchy of financial assets and liabilities at December 31, 2017 under IAS 39

Total*

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS Securities

45,654 11,205 34,449

4,471 1,572 2,899

154 154

50,279 12,931 37,348 51,194 32,171

Fixed-income securities Variable-income securities

Derivatives

677

48,281 31,902

2,236

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

2

267 561

533

2,475

3,569

2

13,022

1,195

14,219

389 493

200

589 646

Other derivatives

140

13

Other financial assets

1,344

1,662 4,052 2,535 1,811

3,006

Financial assets held for trading

46,331 15,701

54,096

104,479 19,474

Securities

1,238

Fixed-income securities Variable-income securities

725

90

2,626

14,976

1,148

724

16,848 43,063

Other financial assets

22

40,793

2,248

Financial assets designated at fair value through profit or loss

15,723

42,031

4,783

62,537

Interest rate derivatives Currency derivatives Hedging derivatives Investments in associates

7,520 1,081 8,601 4,068 2,738 1,330 187

7,520 1,086 8,606 2,037

5 5

100

1,750 3,503 3,067

Other securities

55,517 49,655

63,088 55,460

Fixed-income securities Variable-income securities

5,862

436

7,628

Other financial assets

7

29

36

Available-for-sale financial assets

55,617

4,262

5,282

65,161

FINANCIAL LIABILITIES Securities

25,750

343

26,093 51,050 31,827

Derivatives

586

48,466 31,509

1,998

Interest rate derivatives Equity derivatives Currency derivatives Credit derivatives

60

258 251

395

4,202

4,848

1

12,063

1,166

13,230

467 225

315

782 363

Other derivatives

130

8

Other financial liabilities

57

57

Financial liabilities held for trading

26,336

48,866 22,413 34,409

1,998

77,200 22,785 38,513

Securities

372

Other financial liabilities

2,908

1,196

Financial liabilities designated at fair value through profit or loss

2,908

56,822

1,568

61,298

Interest rate derivatives Currency derivatives

7,303 2,697

7,303 2,697

Hedging derivatives

10,000

10,000

The contribution from the insurance entities at December 31, 2017 was a carrying amount of €67,386 million, of which €4,437 million for Level 2 and €5,120 million for Level 3. *

506

Registration document 2018