BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

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

5.5.3

LOANS AND RECEIVABLES DUE FROM CUSTOMERS AT AMORTIZED COST

12/31/2020

12/31/2019

in millions of euros

Current accounts with overdrafts Other facilities granted to customers Loans to financial sector customers

3,836

3,630

165,241

168,350

9,795

9,738

Short-term credit facilities (1)

40,658 25,657 49,454

37,742 25,034 54,884

Equipment loans

Home loans Export loans

2,379 6,527

3,523 5,953

Repurchase agreements

Finance leases

14,019

12,902

Subordinated loans

123

108

Other loans

16,630

18,466

5,328

8,476

Other loans or receivables due from customers

Security deposits paid

138

165

Gross loans and receivables due from customers

174,543 (3,333) 171,211

180,620 (3,343) 177,277

Impairment for expected credit losses

TOTAL LOANS AND RECEIVABLES DUE FROM CUSTOMERS

State-guaranteed loans are included in short-term credit facilities and totaled €4 billion at December 31, 2020 (see Note 1.5). (1)

The fair value of loans and receivables due from customers is presented in Note 10. The classification of outstanding loans and impairment for credit losses by impairment Stage is detailed in Note 7.1.

5.6

ACCRUED INCOME AND OTHER ASSETS

12/31/2020

12/31/2019

in millions of euros

Collection accounts Prepaid expenses

74

482 336 293

5

343 293

Accrued income Other accruals

2,640 3,350

1,667 2,778

Accrued income and prepaid expenses

Settlement accounts in debit on securities transactions

15

132

Other accounts receivable (1)

5,388 5,403 8,753

5,638 5,770

Other assets

TOTAL ACCRUED INCOME AND OTHER ASSETS 8,548 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)

NON-CURRENT ASSETS HELD FOR SALE AND ASSOCIATED LIABILITIES

5.7

Accounting principles Where a decision is made to sell non-current assets and it is highly probable that the sale will occur within 12 months, these assets are shown separately on the balance sheet on the “Non-current assets held for sale” line. Any liabilities associated with these assets are also shown separately on the balance sheet on the “Liabilities associatedwith non-current assets held for sale” line. Once classified in this category, non-current assets are no longer depreciated/amortizedand are measured at the lowest of their carrying amount or fair value less sales costs. Financial instruments continue tobe measured in accordance with IFRS 9. A non-current asset (or group of assets) is held for sale when its carrying amount is recovered by its sale. The asset (or group of assets) must be immediately available for sale and it must be highly likely that the sale will be completedwithin the next twelve months.

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE