BPCE - 2019 Universal Registration Document

5

FINANCIAL REPORT

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

Gains and losses recognized during the period

Transactions carried out during the period

Transfers during the period

In the income statement (1)

On trans- actions removed from the balance sheet at the reporting date

On transactions in progress at the reporting date

To another reporting category

Sales/ Redemp- tions

From and to another level (2)

Purchases/ Issues

Other changes (3)

12/31/2018

12/31/2019

in millions of euros

FINANCIAL LIABILITIES Debt securities

1,176 1,757

37

(37)

1,161

(1,526)

(2)

809

Derivatives

(75)

(219)

185

(290)

72

192 281 277

65

1,685

- Interest rate derivatives • - Equity derivatives • - Currency derivatives • - Credit derivatives • - Other derivatives •

262 569 686 239

64

(20)

45

(41)

2 9

593 315 460 316

(249)

(218)

114

(188)

73 36

10

24

(9)

(368)

44 11

8

2

(52)

72

1

1

1

Financial liabilities at fair value through profit or loss – Held for trading (4)

2,932

(38) 120 (28) 148

(256)

1,346

(1,816)

72

190

65

2,494

Derivatives

576 553

(27) (27)

(214)

(22) (22)

433 433

Interest rate derivatives

(43)

Equity derivatives

23

(171)

Financial liabilities at fair value through profit or loss – Economic hedges

576 188

120 473

(27)

(214)

(22)

433

Debt securities (5)

(2)

3,339

(1,905)

2

4,975

2,296

9,366

Other financial liabilities

3

(1)

2

Financial liabilities designated at fair value through profit or loss

191

473

(2)

3,339

(1,905)

2

4,975

2,296

9,368

The main impacts recognized in the income statement are mentioned in Note 4.3. (1) The main transfers to and from Level 3 are described in Note 10.1.3. (2) Other changes mainly include the impact of changes in the consolidation scope and foreign exchange gains and losses. (3) Excluding economic hedging. (4) Issues of debt securities were symmetrically reclassified to Level 3 of the fair value hierarchy of underlying derivatives both for instruments declared unobservable during the (5) period and for issues relating to instruments already classified as Level 3 at December 31, 2018 (recorded in the Other changes column).

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

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