BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

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

HEDGED ITEMS Fair value hedges

Fair value hedges 12/31/2019

Interest rate risk hedging

Currency risk hedging

Hedged component remaining to be recognized (2)

o/w revaluation of the hedged component (1)

o/w revaluation of the hedged component (1)

Carrying amount

Carrying amount

in millions of euros

ASSETS Financial assets at fair value through other comprehensive income

35,151 34,942

835 835

659 652

(0) (1)

Debt securities

Shares and other equity instruments Financial assets at amortized cost Loans and receivables due from banks Loans and receivables due from customers

209

8

164,604 28,327 126,180 10,096

10,382

300

5,474

989

475

552

8,155 1,752

1

91

17

Debt securities at amortized cost

299

4,831

971

LIABILITIES Financial liabilities at amortized cost

160,196 37,370

7,543 1,091

314

7,734

424

Amounts due to banks

3

Amounts due to customers

6,891

(1)

Debt securities

101,138 14,796 359,950

5,660

311

6,710 1,024

424

Subordinated debt

794

6

TOTAL – FAIR VALUE HEDGES

18,759

613

13,867

1,413

Excluding accrued interest. (1) Declassification, end of hedging relationship. (2)

5

The ineffective portion of hedging for the period is presented in Note 4.3 “Gains and losses on financial assets and liabilities at fair value through profit or loss” or in Note 4.4 “Gains and losses recognized directly in other comprehensive income”.

Fair value hedges 12/31/2018

Interest rate risk hedging

Currency risk hedging

Hedged component remaining to be recognized (2)

o/w revaluation of the hedged component (1)

o/w revaluation of the hedged component (1)

Carrying amount

Carrying amount

in millions of euros

ASSETS Financial assets at fair value through other comprehensive income

32,800 32,800

570 570

683 675

Debt securities

Shares and other equity instruments Financial assets at amortized cost Loans and receivables due from banks Loans and receivables due from customers

8

205,354 22,857 169,503 12,994 153,118 35,149 12,720 93,660 11,589 391,272

7,974

372

5,486

982

409

533

5,920 1,645

22

97

16

Debt securities at amortized cost

350

4,856

966

LIABILITIES Financial liabilities at amortized cost

5,281

390

14,141

396

Amounts due to banks

771

195

Amounts due to customers

(1)

Debt securities

4,007

390

9,813 4,133

396

Subordinated debt

504

TOTAL – FAIR VALUE HEDGES

13,825

762

20,310

1,378

Excluding accrued interest. 1) Declassification, end of hedging relationship. (2)

259

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE