BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

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

Fair value hierarchy of financial assets at fair value 9.1.1.6 The principles used to assess fair value are described in Note 10.

12/31/2019

12/31/2018

Level 1

Level 2

Level 3

Total

Level 1

Level 2

Level 3

Total

in millions of euros

ASSETS Assets held for trading (equities and UCITS)

2,202 2,202

84 84

2,286 2,286

4,726 4,726

84 84

4,810 4,810

Financial assets held for trading

Interest rate derivatives Currency derivatives

3

3

6 8

5

11

3 1

11

13

Equity derivatives

8

1

Derivatives excl. hedging derivatives (positive fair value) Securities designated at fair value through profit or loss

14

5

19

4

14

18

224

1,301

1,285 1,286

2,810 2,026

172

456 174 282 702

1,238 1,238

1,866 1,502

Bonds

98

642 659

90 83

Equities and UCITS

125

785

366

Investments backed by unit-linked policies

15,065

3,087

18,152

14,617

15,320

Financial assets designated at fair value through profit or loss

15,289

4,388

1,286

20,962

14,790

1,159

1,238

17,186

FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

17,505

4,477

1,286

23,267

19,520

1,256

1,238

22,014

Investments in associates

288

287

253

253

Other available-for-sale securities

45,974 39,349

4,751 2,660 2,091 4,749

2,728 2,534

53,452 44,543

41,753 36,068

5,056 3,652 1,404 5,056

2,417 2,218

49,226 41,938

Bonds

Equities and UCITS

6,625

194

8,910

5,685

199

7,288

AVAILABLE-FOR-SALE FINANCIAL ASSETS

45,974

3,015

53,740

41,753

2,669

49,479

5

ANALYSIS OF FINANCIAL ASSETS AT FAIR VALUE CLASSIFIED IN LEVEL 3 OF THE FAIR VALUE HIERARCHY

Gains and losses recognized during the period

Transactions carried out during the period

Transfers during the period

In the income statement

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

On trans- actions in progress at the reporting date

In other compre- hensive income

To another reporting category

From and to another level

Sales/ Redemp- tions

Purchases/ Issues

Other changes 12/31/2019

01/01/2019

in millions of euros

ASSETS Securities designated at fair value through profit or loss Financial assets designated at fair value through profit or loss FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS Investments in associates Other available-for-sale securities Bonds

1,238 1,238

87 87

(3) (3)

201 201

(207) (207)

(31) (31)

1 1

1,286 1,286

1,238

87

(3)

201

(207)

(31)

1

1,286

1,238

87

(3)

201

(207)

(31)

1

1,286

253

14

18

(1)

18

(14)

288

2,417 2,218

(11) (11)

51 (4) 55

6 3 4

747 724

(605) (507)

112 112

10

2,728 2,534

Bonds

Equities and UCITS

199

24

(98)

10

194

AVAILABLE-FOR-SALE FINANCIAL ASSETS

2,669

(11)

51

20

765

(606)

18

112

(3)

3,015

447

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE