BPCE - 2020 Universal Registration Document

5

FINANCIAL REPORT

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

The first-in, first-out (FIFO) method is applied to any partial disposals of securities, except in special cases. For repurchase transactions, a loan commitment given is recorded between the transaction date and the settlement-delivery date.

Date of recognition Securities are recorded in the balance sheet on the settlement-delivery date. Temporary sales of securities are also recorded on the settlement/delivery date.

5.5.1

SECURITIES AT AMORTIZED COST

12/31/2020

12/31/2019

in millions of euros

Treasury bills and equivalent Bonds and other debt securities Impairment for expected credit losses

4,887 9,194 (177)

4,365

10,862

(182)

13,904

15,045

TOTAL SECURITIES AT AMORTIZED COST

The fair value of securities at amortized cost is presented in Note 10. The classification of outstanding loans and impairment for credit losses by impairment Stage is detailed in Note 7.1.

5.5.2

LOANS AND RECEIVABLES DUE FROM BANKS AND SIMILAR AT AMORTIZED COST

12/31/2020

12/31/2019

in millions of euros

Current accounts with overdrafts

5,197 1,508

6,185 2,008

Repurchase agreements Accounts and loans (1)

138,325

116,599

Other loans or receivables due from banks and similar

534

631

Security deposits paid

4,333

4,002

Impairment for expected credit losses

(35)

(52)

TOTAL LOANS AND RECEIVABLES DUE FROM BANKS 129,373 Livret A, LDD and LEP savings accounts centralized with Caisse des Dépôts et Consignations and recorded under “Accounts and loans” amounted to €243 million at December 31, (1) 2020 versus €239 million at December 31, 2019. Receivables arising from transactions with the networks came in at €141,296 million at December 31, 2020 (compared to €116,380 million at December 31, 2019). The fair value of loans and receivables due from banks and similar is presented in Note 10. The classification of outstanding loans and impairment for credit losses by impairment Stage is detailed in Note 7.1. 149,862

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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