BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

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

12/31/2020

12/31/2019

Financial assets mandatorily recognized at fair value through profit or loss

Financial assets mandatorily recognized at fair value through profit or loss

Financial assets designated

Financial assets designated

Financial assets considered part of a

Financial assets considered part of a

at fair value

at fair value

through profit or loss (1)

Other financial assets (2)(3)

through profit or loss (1)

trading activity

Other financial assets (2)(3)

trading activity

Total

Total

in millions of euros

Treasury bills and equivalent Bonds and other debt securities

12,053

12,053 18,002 30,055

7,170

2

7,172

9,893

8,089 8,089

21 21

10,804 17,975

6,647 6,649

43 43

17,495 24,667

Debt securities

21,945

Loans to banks (excluding repurchase agreements)

20

3

23

13

69

2

84

Customer loans (excluding repurchase agreements) Repurchase agreements (4) Equity instruments Trading derivatives (4)(5) Security deposits paid Loans

2,932

3,199

6,132

4,599

3,163

7,762

65,947 68,880 36,278 40,233 15,340

65,947 72,102 38,529 40,233 15,340

80,921 85,533 40,928 39,464 14,790

80,921 88,767 42,991 39,464 14,790

3,219 2,251

3

3,232 2,063

2

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TOTAL FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

182,677

13,560

23

196,260

198,689

11,945

45

210,679

Only in the case of an accounting mismatch. (1) Consisting of non-SPPI assets that fall outside the scope of a trading activity including units of UCITS and private equity investment funds presented in bonds and other debt (2) securities (€7,280 million at December 31, 2020 vs. €5,481 million at December 31, 2019). Loans to customers include some structured loans to local authorities. This category also includes equity instruments the Group decided not to recognize through other comprehensive income for a total of €2,251 million at December 31, 2020 vs.€2,063 million at December 31, 2019. The criteria used by Groupe BPCE to categorize financial assets at fair value through profit or loss if they do not meet the SPPI criterion are provided in Note 2.5.1. (3) This information is presented after netting effects, in accordance with IAS 32 (see Note 5.18.1). (4) Amounts restated compared to the financial statements published in 2019, following a change in the presentation of premiums on options to be paid or received (see Note 5.2.3). (5)

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE