BPCE - 2019 Universal Registration Document

5

FINANCIAL REPORT

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

5.16.2

TRANSACTIONS MODIFYING THE SHARE OF NON-CONTROLLING INTERESTS IN RETAINED EARNINGS

Fiscal year 2019

Fiscal year 2018

Attributable to equity holders of the parent

Attributable to non-controlling interests

Attributable to equity holders of the parent

Attributable to non-controlling interests

in millions of euros

Put options on non-controlling interests Acquisitions (1)

(31)

(13)

(35) (60)

(14) (19)

Revaluations and others

9

4

Change in ownership interests with no change of control

(273)

189 233

(4)

(2)

Acquisition of Oney Bank

Other

(71)

-

(15)

81

TOTAL IMPACT OF ACQUISITIONS AND DISPOSALS ON NON-CONTROLLING INTERESTS

(366)

413

(114)

46

Acquisition of Vermilion, Fenchurch and Alter CE in 2018 and of Thematics Asset Management, Azure Capital and Flextone Partners in 2019. (1)

CHANGES IN GAINS AND LOSSES RECOGNIZED DIRECTLY IN OTHER COMPREHENSIVE INCOME 5.17

Accounting principles In the event of disposal of equity financial assets recognized in other comprehensive income, changes in fair value are not transferred to profit or loss. These items are described as being not recyclable to profit or loss.

Fiscal year 2019

Fiscal year 2018

Gross

Tax

Net 177

Gross

Tax

Net 165

in millions of euros

Foreign exchange rate adjustments

177

///

165

///

Revaluation of financial assets at fair value through other comprehensive income recyclable to profit or loss Revaluation of available-for-sale financial assets of insurance businesses Revaluation of derivative hedging items that can be recycled to profit or loss Items of the share of gains and losses of associates recognized directly in other comprehensive income Revaluation (or actuarial gains and losses) in respect of defined-benefit plans Revaluation of own credit risk on financial liabilities designated at fair value through profit or loss Revaluation of equity financial assets recognized at fair value through other comprehensive income Items of the share of gains and losses of associates recognized directly in other comprehensive income Other items recognized through other comprehensive income not recyclable to profit or loss Items recyclable to profit or loss

38

(11)

27

(87)

28

(59)

472

(94)

378

(289)

107

(182)

63

(21)

43

60

(30)

30

177 926

(42)

135 759

(274) (424)

70

(204) (250)

(167)

174

(107)

26

(81)

52

(17)

35

(235)

63

(172)

412

(118)

294

90

(22)

68

(46)

(2)

(48)

(5)

1

(3)

(2)

1

(1)

(1)

(1) 68

(2)

(5)

1

(4)

Items not recyclable to profit or loss

(258)

(190)

411

(135)

276

TOTAL GAINS AND LOSSES RECOGNIZED DIRECTLY IN OTHER COMPREHENSIVE INCOME

669 517 152

(100)

569 438 131

(14) (80)

39 37

25

Attributable to equity holders of the parent

(79) (21)

(43)

Non-controlling interests

66

2

68

420

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

www.groupebpce.com