BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

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

Consolidated balance sheet 5.3.3

ASSETS

Notes

12/31/2020

12/31/2019

in millions of euros

Cash and amounts due from central banks

5.1

148,709 190,815

72,602 204,759

Financial assets at fair value through profit or loss (1)

5.2.1

Hedging derivatives

5.3 5.4

7,907

7,873

Financial assets at fair value through other comprehensive income

17,797 13,904 149,862 171,211

17,116 15,045 129,373 177,277

Securities at amortized cost

5.5.1 5.5.2 5.5.3

Loans and receivables due from banks and similar at amortized cost Loans and receivables due from customers at amortized cost Revaluation differences on interest rate risk-hedged portfolios

6,835

6,020

Insurance business investments

9.1.1

117,104

111,787

Current tax assets Deferred tax assets

715

761

11.2

1,775 8,753 2,599 4,102

1,971 8 548

Accrued income and other assets (1) Non-current assets held for sale

5.6 5.7

578

Investments in associates

12.4.1

3,769

Investment property

5.8 5.9 5.9

65

73

Property, plant and equipment

2,157

2,294

Intangible assets

901

958

Goodwill

3.4.1

3,730

4,088

TOTAL ASSETS 764,892 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). (1) LIABILITIES 848,941

5

Notes

12/31/2020

12/31/2019

in millions of euros

Financial liabilities at fair value through profit or loss (1)

5.2.2

199,582 10,039 212,196 208,259 50,705

200,051 10,113 224,611 113,073 50,156

Hedging derivatives

5.3

Debt securities

5.10

Amounts due to banks and similar

5.11.1 5.11.2

Amounts due to customers

Revaluation differences on interest rate risk-hedged portfolios

199 645

184 904

Current tax liabilities Deferred tax liabilities

11.2 5.12

1,187

1,339

Accrued expenses and other liabilities (1)

12,566

13,255

Liabilities associated with non-current assets held for sale

5.7

1,945

528

Liabilities related to insurance policies

9.1.2 5.13 5.14

106,918

102,982

Provisions

2,637

2,659

Subordinated debt

16,243 25,820 20,246 14,506

17,346 27,692 20,420 14,185

Equity

Equity attributable to equity holders of the parent

Share capital and additional paid-in capital

5.15.1

Retained earnings

4,855

4,731

Gains and losses recognized directly in other comprehensive income

709 176

873 631

Income for the period

Non-controlling interests

5,573

7,272

5.16

TOTAL LIABILITIES AND EQUITY 764,892 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). (1) 848,941

391

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE