BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

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

Consolidated balance sheet 5.3.3

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

72,602 212,847

66,656 196,311

5.2.1

Hedging derivatives

5.3 5.4

7,873

7,153

Financial assets at fair value through other comprehensive income

17,116 15,045 129,373 177,277

15,733 15,499 129,262 177,155

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

6,020

4,712

Insurance business investments

9.1.1

111,787

103,281

Current tax assets Deferred tax assets

761

785

11.2

1,971

1,578

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

5.6 5.7

16,876

17,707

578

6,167 3,523

Investments in associates

12.4.1

3,769

Investment property

5.8 5.9 5.9

73

96

Property, plant and equipment (1)

2,294

1,089

Intangible assets

958

951

Goodwill

3.4.1

4,088

3,906

TOTAL ASSETS 751,562 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 781,308

5

Notes

12/31/2019

12/31/2018 (1)

in millions of euros

Amounts due to central banks

9

Financial liabilities at fair value through profit or loss

5.2.2

208,379 10,113 224,611 113,073 50,156

201,214

Hedging derivatives

5.3

9,358

Debt securities

5.10

204,681 113,803 56,750

5.11.1 5.11.2

Amounts due to banks and similar

Amounts due to customers

Revaluation differences on interest rate risk-hedged portfolios

184 904

177 547 941

Current tax liabilities Deferred tax liabilities (2)

11.2 5.12

1,339

21,343

20,323

Accrued expenses and other liabilities (1)

Liabilities associated with non-current assets held for sale

5.7

528

4,975

Liabilities related to insurance policies

9.1.2 5.13 5.14

102,982

91,690

Provisions (2)

2,659

3,047

Subordinated debt

17,346 27,692 20,420 14,185

17,395 26,652 19,604 12,783

Shareholders’ equity

Equity attributable to equity holders of the parent

Share capital and additional paid-in capital

5.15.1

Retained earnings

4,731

5,697

Gains and losses recognized directly in other comprehensive income

873 631

438 685

Net income for the period

Non-controlling interests

5.16

7,272

7,048

TOTAL LIABILITIES AND EQUITY 751,562 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) 781,308

369

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE