BPCE - 2020 Universal Registration Document

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FINANCIAL REPORT

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

TRANSACTIONS WITH COMPANY DIRECTORS 12.3.2 The Group’s company directors are the members of the Management Board and Supervisory Board of BPCE. The short-term benefits, post-employment benefits, long-term benefits and termination benefits of BPCE’s company directors are described in the “Pay, benefits in kind, loans, guarantees and attendance fees received by BPCE company directors” section of Chapter 3 of the registration document, on Corporate Governance. Short-term employee benefits Short-term benefits paid out to the Group’s company directors amounted to €7 million in 2020 (vs. €7 million in 2019).

These include remuneration, directors’ attendance fees and benefits paid to members of the Management Board and Supervisory Board. Post-employment benefit commitments, long-term benefits and termination benefits Post-employmentbenefit commitments, long-term benefits and termination benefits of the Group’s company directors are described in the Chapter 3 on Corporate Governance. The amount provisioned by BPCE SA group in respect of retirement bonuses came to €3 million at December 31, 2020 (€3 million at December 31, 2019).

PARTNERSHIPS AND ASSOCIATES

12.4

Accounting principles: See Note 3

INVESTMENTS IN ASSOCIATES Partnerships and other associates 12.4.1.1 The Group’s main investments in joint ventures and associates are as follows: 12.4.1

12/31/2020

12/31/2019

in millions of euros

CNP Assurances (group) (1) EDF Investments Group (EIG)

3,028

2,821

521 158

520

Coface (2)

/// 49

Socram Banque

40

Other

221

252

Financial sector companies

3,969

3,642

Other

133 133

127 127

Non-financial companies

SHARE IN NET INCOME OF ASSOCIATES

4,102

3,769

Application of IFRS 9 (IFRS 4 amendment) postponed to January 1, 2022 (see Note 9 on Insurance activities). (1) Coface has been consolidated under the equity method since January 1, 2020 (see Note 1.3). (2)

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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