BPCE - 2018 Registration document
5 FINANCIAL REPORT
BPCE parent company annual financial statements
3.7
OTHER ASSETS, OTHER LIABILITIES
12/31/2018
12/31/2017
Assets
Liabilities
Assets
Liabilities
in millions of euros
Remaining payments due on investments in associates
0 0 2 0
38
0 0 4 0
4 0
Securities settlement accounts
0
Premiums on options bought and sold
367
367
Debt on borrowed securities and other securities debt (1) Tax and social security receivables and liabilities
71,039
69,568
518
654
1,056
918
Security deposits paid and received
35
5
5
5
1,098 1,653
1,909
1,092 2,157
1,842
Other non-trade receivables, other accounts payable (2)
TOTAL 72,704 Debt on borrowed securities and other securities debt mainly related to the borrowing of BPCE Master Home Loans securities for €34,478 million, the borrowing of BPCE Home Loans 2017_5 for (1) €7,176 million, and the borrowing of BPCE Consumer Loans 2016_5 for €250 million. These securities were acquired by the Caisses d’Epargne and Banques Populaires branches as part of internal securitization transactions. Other non-trade receivables included €476 million in deposits paid, of which a €189 million deposit paid to BPCE Master Home Loans, a €29 million deposit paid to BPCE Consumer Loans, a (2) €4 million deposit paid to BPCE Home Loans, consolidated subsidiaries of BPCE, and €134 million in margin call payments. Other accounts payable included €1,691 million in margin calls received, of which €1,615 million from Natixis. 74,012
3.8
ACCRUAL ACCOUNTS
12/31/2018
12/31/2017
Assets
Liabilities
Assets
Liabilities
in millions of euros
Foreign exchange commitments
276
0
0
175 635
Deferred gains and losses on hedged forward financial instruments
10
633
17
Issue premiums and flotation costs Prepaid expenses and unearned income
256
17 42
233
23 89
20
32
Accrued income/expenses * Items in process of collection
1,278
396
1,333
772
201
0
20 14
0
Other
91
15
43
TOTAL 1,737 Accrued income mainly comprised accrued interest on interest rate swaps (€1,244 million). Accrued expenses mainly comprised accrued interest on interest rate swaps (€292 million). * 2,132 1,103 1,649
3.9
PROVISIONS
3.9.1
Statement of changes in provisions
Other changes
12/31/2018
12/31/2017
Charges
Reversals
Utilizations
in millions of euros
Provisions for counterparty risk
3
(1) (3) (1)
2
Provisions for employee benefit liabilities
89 15
5
(2) (3)
89 24
Provisions for litigation
13
Provisions for restructuring costs Securities portfolio and financial futures
0 0 1 0
0
0 0 3 0
0
Long-term investments Real estate development Provisions for taxes *
2
559
9 2
(165)
(24)
379
Other
47
(20)
(9)
20
Other provisions
607 714
13 31
(185) (190)
(33) (38)
402
TOTAL 517 The reversal of provisions for tax in the amount of €165 million corresponds to changes in the assumptions underlying the calculation of corporate tax refunds for subsidiaries in the context of tax * consolidation. 0
572
Registration document 2018
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