BPCE - 2018 Registration document
FINANCIAL REPORT BPCE parent company annual financial statements
5.4
NET GAINS OR LOSSES ON TRADING BOOK TRANSACTIONS
Fiscal year 2018
Fiscal year 2017
in millions of euros Trading securities
0
0
Foreign exchange transactions
(6)
55 10 65
Financial futures
1
TOTAL
(5)
NET GAINS OR LOSSES ON AVAILABLE-FOR-SALE SECURITIES AND EQUIVALENT 5.5
Fiscal year 2018
Fiscal year 2017
Available-for-sale securities
Available-for-sale securities
Total
Total
in millions of euros
Impairment Charges
(32)
(32)
(9) 66 (4)
(9) 66 (4)
Reversals
15
15
Net gain/(loss) on disposal
9
9 0
Other items
0
TOTAL
(8)
(8)
53
53
5.6
OTHER BANKING INCOME AND EXPENSES
Fiscal year 2018
Fiscal year 2017
5
Income
Expense
Net
Income
Expense
Net
in millions of euros
Share in joint operations
0 0 0 0 0 0 2 0 2
0 0 0
0 0 0 0 0 1 0
0 0 0 0 0 0 1 0 1
0 0 0
0 0 0 0 0 0 0
Rebilling of banking income and expenses Electronic payment terminal business Amortization and rebilling of issuance costs
(22)
(22)
(17)
(17)
Real estate activities
0 0
0 0
IT services
Other activities
(1)
(1)
Other related income and expenses
0
0
TOTAL
(23)
(21)
(18)
(17)
5.7
OPERATING EXPENSES
Fiscal year 2018
Fiscal year 2017
in millions of euros
Wages and salaries
(132)
(137)
Pension costs and similar obligations * Other social security charges Employee incentive scheme Employee profit-sharing scheme
(18) (53) (17)
(7)
(53) (15)
0
0
Payroll taxes
(26)
(32)
Total payroll costs
(246)
(244)
Taxes other than on income Other operating expenses
(2)
(9)
(515)
(448)
Rebilled expenses
571
568 111
Total other operating expenses
54
TOTAL
(192)
(133)
Including additions, utilizations, and reversals of provisionsd for employee benefit obligations (see Note 3.9.3) *
Operating expenses increased by € 60 million compared with 2017, mainly due to digital activities, key regulatory programs, strategic projects and the contribution to the Single Resolution Fund.
581
Registration document 2018
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