BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF BPCE SA GROUP 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 trans- actions in progress at the reporting date

From and to another level (2)

To another reporting category

Sales/ Redemp- tions

Other changes (3)

Purchases/ Issues

01/01/2019

12/31/2019

in millions of euros

FINANCIAL LIABILITIES Debt securities

1,176 1,782

37

(37)

1,161

(1,526)

(2)

809

Derivatives

(90)

(232)

202

(297)

63

197 286 277

85

1,709

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

218 569 751 244

63

(22)

45

(41)

1 9

551 315 526 316

(249)

(218)

114

(188)

50 44

5 3

41

(17) (52)

(368)

64 11

2

63

1

1

1

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

2,957

(53) 128 (20) 148

(269)

1,364

(1,823)

63

195

85

2,518

Derivatives

522 499

(26) (26)

(209)

(22) (22)

393 392

Interest rate derivatives

(38)

Equity derivatives

23

(171)

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

522 244

128 475

(26)

(209)

(22)

393

5

Debt securities (5)

(2)

3,339

(1,905)

2

4,975

2,238

9,366

Other financial liabilities

3

(1)

2

Financial liabilities designated at fair value through profit or loss

247

475

(2)

3,339

(1,905)

2

4,975

2,238

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 period and for (5) issues relating to instruments already classified as Level 3 at December 31, 2018 (recorded in the Other changes column).

463

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE