BPCE - 2019 Universal Registration Document

FINANCIAL REPORT

BPCE PARENT COMPANY ANNUAL FINANCIAL STATEMENTS

LOANS AND ADVANCES DUE FROM BANKS

12/31/2019

12/31/2018

in millions of euros

Current accounts Overnight loans

1,831 1,881

2,758

121

Securities purchased under demand repurchase agreements

0

0

Unallocated items

29

37

Accrued interest on demand accounts

1

1

Demand accounts

3,742

2,917

Term accounts and loans

159,463

158,796

Subordinated and participating loans

3,623 3,855

3,860 7,380

Securities purchased under term repurchase agreements*

Accrued interest on term accounts

(34)

145

Term accounts

166,907

170,181

Non-performing loans and receivables

0 0 0 0

0 0 0 0

o/w irrecoverable non-performing loans and receivables Impairment of interbank loans and receivables

o/w impairment of irrecoverable non-performing loans and receivables

TOTAL 173,098 At December 31, 2019, securities purchased under resale agreements with insurance companies are recorded in transactions with customers (the amount of these securities was * €4,361 million at December 31, 2018, recorded under transactions with banks). 170,649

At December 31, 2019, receivables arising from transactions with the networks can be broken down into €3,415 million in demand accounts, and €155,980 million in term accounts.

AMOUNTS DUE TO BANKS

12/31/2019

12/31/2018

in millions of euros

Current accounts Overnight deposits

19,740

15,804

5

8,966

6,568

Securities sold under demand repurchase agreements

0

0 9

Other amounts due

24 (4)

Accrued interest on demand accounts

(3)

Demand accounts

28,726 92,245 10,396

22,378 89,289 19,923

Term accounts and loans

Securities sold under term repurchase agreements*

Accrued interest payable on term loans

(104)

(67)

Term accounts

102,537 131,263

109,145

TOTAL 131,523 At December 31, 2019, securities sold under repurchase agreements with insurance companies are recorded under customer transactions (the amount of these securities was * €4,366 million at December 31, 2018, recorded under transactions with banks).

At December 31, 2019, amounts payable arising from transactions with the networks can be broken down into €26,923 million in demand accounts, and €69,013 million in term accounts.

4.2

CUSTOMER TRANSACTIONS

Accounting principles Amounts due from customers include loans to entities other than banks, with the exception of debt securities issued by customers, assets purchased under resale agreements, and receivables corresponding to securities sold under repurchase agreements. They are broken down between business loans, current accounts with overdrafts and other facilities granted to customers. Loans granted to customers are recorded in the balance sheet at their nominal value, with the exception of repurchases of customer loans which are recorded at

acquisition cost, plus accrued interest and net of any impairment charges recognized for credit risk. Fees and marginal transaction costs are added to the principal amount Guarantees received are booked as off-balance sheet items. They are remeasured on a regular basis. The total carrying amount of all guarantees received for a single loan is limited to the principal amount outstanding on the loan. outstanding on the loan in question.

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UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE