BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

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

Fair value hierarchy of financial assets at fair value 9.1.1.6 The principles used to assess fair value are described in Note 10.

12/31/2020

12/31/2019

Level 1

Level 2

Level 3

TOTAL

Level 1

Level 2

Level 3

TOTAL

in millions of euros

ASSETS Assets held for trading (equities and UCITS)

5,669 5,669

5,669 5,669

2,202 2,202

84 84

2,286 2,286

Financial assets held for trading

Currency derivatives Equity derivatives

2

2

4

5 8

4

9 8

13

13

Derivatives excl. hedging derivatives (positive fair value)

15

2

17

14

5

19

Securities designated at fair value through profit or loss

3,762

1,210

1,518 1 518

6,490 1,710 4,780

695 125 569

1,442

1,286 1,286

3,422 2,053 1,370

Bonds

115

77

642 800

Equities and UCITS

3,647

1 133 3,216

14,787

1

18,004

16,198

3,292

19,490

Investments backed by unit-linked policies Financial assets designated at fair value through profit or loss

18,549

4,426

1,519

24,494

16,893

4,734

1,286

22,913

Interest rate derivatives Hedging derivatives

29 29

29 29

FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

24,232

4,458

1,519

30,209

19,109

4,822

1,286

25,217

Investments in associates

150

150

263

263

Other available-for-sale securities

49,328 41,831

6,818 3,713 3,105 6,818

3,441 3,035

59,586 48,579 11,007 59,737

49,054 41,525

5,835 3,136 2,699 5,835

3,194 2,824

58,083 47,485 10,598 58,345

Bonds

Equities and UCITS

7,497

406

7,529

370

AVAILABLE-FOR-SALE FINANCIAL ASSETS

49,328

3,591

49,054

3,457

5

BREAKDOWN OF FINANCIAL ASSETS AT FAIR VALUE CLASSIFIED IN LEVEL 3 OF THE FAIR VALUE HIERARCHY

Transactions carried out during the period

Gains and losses recognized during the period

Transfers during the period

In the income statement

On transactions removed from the balance sheet at the reporting date

On trans- actions in progress at the reporting date

In other compre- hensive income

To another reporting category

From and to another level

Pur- chases/ Issues

Sales/ Redemp- tions

Deconso- lidated entities

Other changes 12/31/2020

01/01/2020

in millions of euros

ASSETS Securities designated at fair value through profit or loss

1,286 1,286

(12) (12)

(2) (2)

60 60

(167) (167)

352 352

1,518 1,518

Bonds

Investments backed by unit-linked policies

1

1

Financial assets designated at fair value through profit or loss FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS

1,286

(12)

(2)

60

(167)

353

1,519

1,286

(12)

(2)

60 20

(167)

353

1,519

Investments in associates

263

(5) (4) (6)

16

22

(142)

(23)

150

Other available-for-sale securities

3,194 2,824

(4) (4)

(3) (4)

645 559

(240) (207)

(34) (34)

(113)

3,441 3,035

Bonds

(92) (21)

Equities and UCITS

370

1

2

86

(33)

406

AVAILABLE-FOR-SALE FNANCIAL ASSETS

3,457

(4)

(3)

(9)

664

(225)

22

(34)

(142)

(136)

3,591

325

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE