BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF GROUPE BPCE AS AT DECEMBER 31, 2020

IFRS Consolidated Financial Statements 5.1 of Groupe BPCE as at December 31, 2020

5.1.1

Consolidated income statement

Notes

Fiscal year 2020

Fiscal year 2019

in millions of euros

Interest and similar income Interest and similar expenses

4.1 4.1 4.2 4.2 4.3 4.4 4.5

22,295 (13,125) 10,802 (1,615)

24,145 (15,485) 11,607 (2,022)

Commission income Commission expenses

Net gains or losses on financial instruments at fair value through profit or loss

1,140

2,223

Net gains or losses on financial instruments at fair value through other comprehensive income Net gains or losses arising from the derecognition of financial assets at amortized cost

230

198

18

11

Net income from insurance businesses

9.2.1

2,550 1,120 (875)

3,306 1,316 (994)

Income from other activities Expenses from other activities

4.6 4.6

Net banking income Operating expenses

22,540 (15,327)

24,305 (16,309)

4.7

Depreciation, amortization and impairment for property, plant and equipment and intangible assets

(1,317)

(1,273)

Gross operating income

5,896

6,722

Cost of credit risk Operating income

7.1.1

(2,998)

(1,367)

2,898

5,355

5

Share in net income of associates and joint ventures

12.4.2

180

265

Gains or losses on other assets Change in the value of goodwill

4.8

(289)

1

(84)

Income before tax

2,789

5,538

Income tax Net income

11.1

(1,045)

(1,801)

1,744 (134) 1,610

3,737 (707) 3,030

Non-controlling interests

5.16.1

NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

239

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE