BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

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

5.1.3

Consolidated balance sheet

ASSETS

Notes

12/31/2019

12/31/2018 (1)

in millions of euros

Cash and amounts due from central banks Financial assets at fair value through profit or loss

5.1

80,244 218,767

76,458 200,516

5.2.1

Hedging derivatives

5.3 5.4

9,286

8,160

Financial assets at fair value through other comprehensive income

44,630 28,922 89,656 693,257

40,088 31,776 91,142 659,281

Securities at amortized cost

5.5.1 5.5.2 5.5.3

Loans and receivables due from banks and similar at amortized cost Loans and receivables due from customers at amortized cost Revaluation differences on interest rate risk-hedged portfolios

7,673

5,480

Insurance business investments

9.1.1

119,046

110,295

Current tax assets Deferred tax assets

864

873

11.2

3,597

3,174

Accrued income and other assets Non-current assets held for sale

5.6 5.7

24,326

29,123

578

2,639 4,033

Investments in associates

12.4.1

4,247

Investment property

5.8 5.9 5.9

769

783

Property, plant and equipment (1)

6,448 1,089 4,665

4,419 1,198 4,489

Intangible assets

Goodwill

3.5.1

TOTAL ASSETS 1,273,926 Information as at December 31, 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 by (1) this standard. The impacts of the first-time application of IFRS 16 on the balance sheet at January 1, 2019 (right-of-use assets in lessee’s leasing arrangements) are described in Note 2.2. LIABILITIES 1,338,064

5

Notes

12/31/2019

12/31/2018 (1)

in millions of euros

Central banks

9

Financial liabilities at fair value through profit or loss

5.2.2

201,776 15,068 239,341 76,653 559,713

194,867 13,589 216,878 85,662 530,323

Hedging derivatives

5.3

Debt securities

5.10

Amounts due to banks and similar

5.11.1 5.11.2

Amounts due to customers

Revaluation differences on interest rate risk-hedged portfolios

238 788

221 262 884

Current tax liabilities (2) Deferred tax liabilities

11.2 5.12

1,400

30,877

32,701

Accrued expenses and other liabilities (1)

Liabilities associated with non-current assets held for sale

5.7

528

2,096

Liabilities related to insurance policies

9.1.2 5.13 5.14

110,697

98,855

Provisions (2)

6,156

6,574

Subordinated debt

17,487 77,341 69,909 26,740 38,972

17,598 73,406 66,194 23,513 39,044

Equity

Equity attributable to equity holders of the parent

Share capital and additional paid-in capital

5.15.1

Retained earnings

Gains and losses recognized directly in other comprehensive income

1,168 3,030 7,431

612

Net income for the period

3,026 7,212

Non-controlling interests

5.16

TOTAL LIABILITIES AND EQUITY 1,273,926 Information as at December 31, 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 by (1) this standard. The impacts of the first-time application of IFRS 16 on the balance sheet at January 1, 2019 (lease liabilities recorded under lessee’s leasing arrangements) are described in Note 2.2. Information as at December 31, 2018 has not been restated to account for the impacts of the first-time application of IFRIC 23. These impacts are presented in Note 2.2. (2) 1,338,064

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE