BPCE - 2019 Universal Registration Document
4
ACTIVITIES AND FINANCIAL INFORMATIONS 2019
BPCE SA GROUP FINANCIAL DATA
Analysis of BPCE SA group’s consolidated balance sheet 4.4.2
Change
12/31/2019
12/31/2018
€bn
%
in billions of euros
Cash and amounts due from central banks Financial assets at fair value through profit or loss
72.6
66.7
5.9
8.9% 8.4%
212.8
196.3
16.5
Hedging derivatives – Positive FV
7.9
7.2
0.7 1.4
10.1%
Financial assets at fair value through other comprehensive income
17.1
15.7
8.8%
Financial assets at amortized cost
321.7 129.4 177.3
321.9 129.3 177.2
(0.2)
(0.1%)
Loans and receivables due from banks Loans and receivables due from customers
0.1 0.1
0.1% 0.1%
Debt securities at amortized cost
15.0
15.5
(0.5)
(2.9%) 27.8%
Revaluation differences on interest rate risk-hedged portfolios
6.0
4.7
1.3 8.5
Insurance business investments
111.8
103.3
8.2%
Current and deferred tax assets and other assets
24.0
29.8
(5.8)
(19.5%) 55.7%
Fixed assets (excluding goodwill)
3.3 4.1
2.1 3.9
1.2 0.2
Goodwill ASSETS
4.7% 4.0%
781.3
751.6
29.7 (0.0)
Amounts due to central banks
0.0
0.0
ns
Financial liabilities at fair value through profit or loss
208.4
201.2
7.2 0.8
3.6% 8.1% 3.4%
Hedging derivatives – Negative FV
10.1
9.4
Financial liabilities at amortized cost (excluding subordinated debt)
387.8 113.1
375.2 113.8
12.6 (0.7) (6.6) 19.9 (2.7) 11.3 (0.4) (0.0) 0.0
Amounts due to banks
(0.6%) (11.6%)
Amounts due to customers
50.2
56.7
Debt securities
224.6
204.7
9.7% 4.4%
Revaluation differences on interest rate risk-hedged portfolios
0.2
0.2
Current and deferred tax liabilities and other liabilities
24.1
26.8 91.7
(10.0%) 12.3% (12.8%) (0.3%)
Liabilities related to insurance contracts
103.0
Provisions
2.7
3.0
Subordinated debt
17.3 27.7 20.4
17.4 26.7 19.6
Shareholders’ equity
1.0 0.8 0.2
3.9% 4.2% 3.2% 4.0%
Equity attributable to equity holders of the parent
Non-controlling interests
7.3
7.0
LIABILITIES
781.3
751.6
29.7
At December 31, 2019, the consolidated balance sheet of BPCE SA group totaled €781.3 billion, up 4.0% compared with December 31, 2018. The growth in the balance sheet reflects the disparity between the increase in financial assets at fair value through profit or loss (+€16.5 billion), insurance business investments (+€8.5 billion), and cash and amounts due from central banks (+€5.9 billion), to
the detriment of current and deferred tax assets and other assets (-€5.8 billion). Moreover, Equity attributable to equity holders of the parent totaled €20.4 billion at December 31, 2019, representing an increase compared to December 31, 2018. The change over the period notably included net income for the year, i.e. +€0.6 billion.
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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE
www.groupebpce.com
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