BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF GROUPE BPCE AS AT DECEMBER 31, 2019

IFRS Consolidated Financial Statements 5.1 of Groupe BPCE as at December 31, 2019

5.1.1

Consolidated income statement

Notes

Fiscal year 2019

Fiscal year 2018 (1)

in millions of euros

Interest and similar income Interest and similar expenses (1)

4.1 4.1 4.2 4.2 4.3 4.4 4.5

24,145 (15,485) 11,607 (2,022)

23,481 (14,840) 11,691 (2,123)

Commission income Commission expenses

Net gains or losses on financial instruments at fair value through profit or loss

2,223

2,197

Net gains or losses on financial instruments at fair value through other comprehensive income Net gains or losses arising from the derecognition of financial assets at amortized cost

198

139

11

38

Net income from insurance activities

9.2.1

3,306 1,316 (994)

3,094 1,328

Income from other activities Expenses from other activities

4.6 4.6

(1,004) 24,001 (16,783)

Net banking income Operating expenses

24,305 (16,309)

4.7

Depreciation, amortization and impairment for property, plant and equipment and intangible assets (1)

(1,273)

(904) 6,314

Gross operating income

6,722

Cost of credit risk Operating income

7.1.1

(1,367)

(1,299)

5,355

5,014

5

Share in net income of associates and joint ventures

12.4.2

265

284

Gains or losses on other assets Change in the value of goodwill

4.8

1

15

(84)

(16)

Income before tax

5,538

5,297

Income tax Net income

11.1

(1,801)

(1,477)

3,737 (707) 3,030

3,819 (793)

Non-controlling interests

5.16.1

NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT 3,026 Information in respect of fiscal year 2018 has not been restated to account for the impacts of the first-time application of IFRS 16 “Leases” in accordance with the option offered (1) by this standard. The impacts of the first-time application of IFRS 16 on the balance sheet at January 1, 2019 are presented in Note 2.2.

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE