BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

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

12/31/2019

12/31/2018

Financial assets mandatorily recognized at fair value through profit or loss

Financial assets mandatorily recognized at fair value through profit or loss

Financial assets designated

Financial assets designated

Financial assets considered part of a

Financial assets considered part of a

at fair value

at fair value

through profit or loss (1)

Other financial assets (2)(3)

through profit or loss (1)

trading activity

Other financial assets (2)(3)

trading activity

Total

Total

in millions of euros

Treasury bills and equivalent Bonds and other debt securities

7,170

2

7,172

6,518 9,014

6,518

10,804 17,975

6,647 6,649

43 43

17,495 24,667

6,790 6,790

15,804 22,322

Debt securities

15,532

Loans to banks excluding repurchase agreements Customer loans excluding repurchase agreements

13

69

2

84

131

74

2

207

4,599

3,163

7,762

3,874

3,509

7,383

80,921 85,533 40,928 47,552 14,790

80,921 88,767 42,991 47,552 14,790

83,115 87,121 23,877 45,867 15,909

83,115 90,705 25,713 45,867 15,909

Repurchase agreements (4)

Loans

3,232 2,063

2

3,583 1,836

2

Equity instruments Trading derivatives (4) Security deposits paid

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TOTAL FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

206,777

11,945

45

218,767

188,305

12,209

2

200,516

Only in case of an accounting mismatch. (1) Consisting of non-SPPI assets that fall outside the scope of a trading activity including units of UCITS and private equity investment funds presented in bonds and other debt (2) securities (€5,481 million at December 31, 2019 vs. €5,360 million at December 31, 2018). Loans to customers include some structured loans to local authorities. This category also includes equity instruments the Group decided not to recognize through other comprehensive income for a total of €2,063 million at December 31, 2019. The criteria used by Groupe BPCE to categorize financial assets at fair value through profit or loss if they do not meet the SPPI criterion are provided in Note 2.5.1. (3) This information is presented in consideration of netting effects, in accordance with IAS 32 (see Note 5.18.1). (4)

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE