BPCE - 2019 Universal Registration Document

5

FINANCIAL REPORT

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

5.1.4

Statement of changes in equity

Share capital and additional paid-in capital

Perpetual deeply subordinated notes

Additional paid-in capital (Note 5.15.1)

Retained earnings

Share capital (Note 5.15.1)

in millions of euros

SHAREHOLDERS’ EQUITY AT JANUARY 1, 2018

18,888

3,834

683

38,428

Dividend payments

(358)

Capital increase (Note 5.15.1)

791

613 (36) (65)

Redemption of deeply subordinated notes Interest on deeply subordinated notes

Impact of acquisitions and disposals on non-controlling interests (Note 5.16.2) Total activity arising from relations with shareholders Gains and losses recognized directly in other comprehensive income (Note 5.17)

(107)

791

47

Net income for the period Comprehensive income Other changes (1)

(114)

SHAREHOLDERS’ EQUITY AT DECEMBER 31, 2018

19,679

3,834

683

38,360

Allocation of net income for 2018

3,026

SHAREHOLDERS’ EQUITY AT JANUARY 1, 2019

19,679

3,834

683

41,386

Dividend payments

(375)

Capital increase (Note 5.15.1)

3,227

(1,594)

Redemption of deeply subordinated notes (Note 5.15.2)

(683)

(64) (73)

Interest on deeply subordinated notes

Impact of acquisitions and disposals on non-controlling interests (Note 5.16.2) Total activity arising from transactions with shareholders Gains and losses recognized directly in other comprehensive income (Note 5.17) Capital gains and losses reclassified to retained earnings

(382)

3,227

(683)

(2,488)

110

Net income for the period Comprehensive income

110 (37)

Other changes (1)

SHAREHOLDERS’ EQUITY AT DECEMBER 31, 2019

22,906

3,834

38,971

Other changes also include interest on perpetual deeply subordinated notes for the portion subscribed for by non-controlling interests. (1)

222

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

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