BPCE - 2019 Universal Registration Document

5

FINANCIAL REPORT

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

10.2

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES AT AMORTIZED COST

For financial instruments not measured at fair value on the balance sheet, fair value calculations are provided for information purposes and must only be interpreted as estimates. In most cases, the values indicated are not liable to be realized and generally may not be realized in practice. These fair values are thus only provided for information purposes in the notes to the financial statements. They are not indicators used in the interest of overseeing retail banking activities, for which the management model is based on the collection of expected cash flows. The simplified assumptions used to measure the fair value of instruments at amortized costs are presented in Note 10.1.

12/31/2019

Fair value

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS AT AMORTIZED COST Loans and receivables due from banks Loans and receivables due from customers

131,050 181,985 14,000 114,427 50,166 225,742 18,459

80

125,798 75,466

5,171

128

106,392

Debt securities

3,809

4,969

5,222

FINANCIAL LIABILITIES AT AMORTIZED COST Amounts due to banks

100,525 44,356 148,662

13,902

Amounts due to customers

5,810 5,552

Debt securities

71,529 10,765

Subordinated debt

7,036

657

12/31/2018

Fair value

Level 1

Level 2

Level 3

in millions of euros

FINANCIAL ASSETS AT AMORTIZED COST Loans and receivables due from banks Loans and receivables due from customers

130,546 182,362 14,450 114,397 59,485 205,781 17,975

126,679 75,646

3,867

106,716

Debt securities

3,652

5,053

5,745

FINANCIAL LIABILITIES AT AMORTIZED COST Amounts due to banks

106,598 53,318 187,959

7,799 6,167 5,829

Amounts due to customers

Debt securities

11,993

Subordinated debt

9,908

7,641

426

468

UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE

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