BPCE - 2020 Universal Registration Document

5

FINANCIAL REPORT

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

Reversals unused

Other movements (1)

12/31/2019

Increase

Used

12/31/2020

in millions of euros

Provisions for employee benefits (2) Provisions for restructuring costs (3)

2,184

167

(80)

(124)

27

2,174

261

50

(136)

(12)

(11) (80) (82)

152

Legal and tax risks (4)

1,302

125 723

(25)

(115) (490)

1,208

Loan and guarantee commitments (5)

710 579

(6)

855 613

Provisions for regulated home savings products

53

(19)

Other operating provisions TOTAL PROVISIONS

1,120 6,156

345

(27)

(170) (929)

(56)

1,211

1,463 6,213 Other movements include the revaluation differences of post-employment defined-benefpitlans (+€3 million before tax) and the currency translatioandjustments (-€71 million). (1) Including €2,043 million for post-employment defined-benefit plans and other long-term employee benefits. (2) At December 31, 2020, provisions for restructuring costs notably included: (3) (275) (203)

€120 million for the voluntary redundancy plan initiated at Crédit Foncier (compared to €191 million at December 31, 2019); • €7 million for the employment protection plan for BPCE International (compared to €20 million at December 31, 2019). •

Provisions for legal and tax risks include €503 million for the net exposure on the Madoff fraud. (4) Provisions for credit losses on loan and guarantee commitments given are detailed in Note 7.1.3. (5)

5.13.1

DEPOSITS COLLECTED FOR REGULATED HOME SAVINGS PRODUCTS

12/31/2020

12/31/2019

in millions of euros

Deposits collected for regulated home savings plans (PEL) plans less than 4 years old •

4,507

4,480

plans more than 4 years but less than 10 years old •

46,899 23,371 74,777

44,399 24,197 73,076

plans more than 10 years old •

Deposits collected for regulated home savings plans (PEL) Deposits collected for regulated home savings accounts (CEL)

5,896

5,676

TOTAL DEPOSITS COLLECTED FOR REGULATED HOME SAVINGS PRODUCTS

80,673

78,752

5.13.2

LOANS GRANTED ON REGULATED HOME SAVINGS PRODUCTS

12/31/2020

12/31/2019

in millions of euros

Loans granted on regulated home savings plans (PEL) Loans granted on regulated home savings accounts (CEL)

22 81

33

120 153

TOTAL LOANS GRANTED ON REGULATED HOME SAVINGS PRODUCTS

103

5.13.3

PROVISIONS FOR REGULATED HOME SAVINGS PRODUCTS

12/31/2020

12/31/2019

in millions of euros

Provisions for home savings plans (PEL) plans less than 4 years old • plans more than 4 years but less than 10 years old •

67

72

165 336 568

203 282 557

plans more than 10 years old •

Provisions for home savings plans (PEL)

Provisions for regulated home savings accounts (CEL)

46

24 (1) (1) (2)

Provisions for home savings plan (PEL) loans Provisions for home savings account (CEL) loans

(1) (1)

Provisions for home savings loans

TOTAL PROVISIONS FOR REGULATED HOME SAVINGS PRODUCTS

613

579

290

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

www.groupebpce.com