BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

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

IFRS Consolidated Financial Statements of 5.3 BPCE SA group as at December 31, 2020

5.3.1

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

10,912 (9,141)

11,647 (10,230)

Commission income Commission expenses

5,758

6,342

(2,066)

(2,305)

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

1,099

1,854

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

85 10

103

9

Net income from insurance businesses

9.2.1

2,350 1,333 (524) 9,816

3,132 1,308 (714)

Income from other activities Expenses from other activities

4.6 4.6

Net banking income Operating expenses

11,145 (8,181)

4.7

(7,344)

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

(618) 1,854

(678) 2,286 (503) 1,782

Gross operating income

Cost of credit risk Operating income

7.1.1

(1,204)

649 159

Share in net income of associates and joint ventures

12.4.2

231

5

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

4.8

(308)

(7)

(84)

Income before tax

500

1,923 (594) 1,329 (698)

Income tax Net income

11.1

(189)

311

Non-controlling interests

5.16.1

(136)

NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF THE PARENT

176

631

389

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE