BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

BPCE PARENT COMPANY ANNUAL FINANCIAL STATEMENTS

TREASURY BILLS, BONDS AND OTHER FIXED-INCOME SECURITIES: BREAKDOWN BY TYPE OF LISTING

12/31/2020

12/31/2019

Available -for-sale securities

Securities held to maturity

Available- for-sale securities

Securities held to maturity

Transaction*

Total

Transaction*

Total

in millions of euros

Listed securities Unlisted securities Securities loaned

2,346

2,346

2,574

2,574

654

2,727 3,381

833

3,138 3,971

0

0

0

0

0

0

0

0

Non-performing loans and receivables

0

0

Accrued interest

30

16

46

30

20

50

TOTAL

0

3,030

2,743 5,773

0

3,437

3,158 6,595

o/w subordinated notes

0

0

*

See Note 4.3.1.

Unrealized losses on impaired available-for-sale securities totaled €49 million at December 31, 2020 compared with €21 million at December 31, 2019. Unrealized gains on available-for-sale securities totaled €74 million at December 31, 2020 comparedwith €50 million at December 31, 2019. Unrealized gains on held-to-maturity securities amounted to €71 million at December 31, 2020 compared with €103 million at December 31, 2019.

Unrealized capital losses on held-to-maturitysecurities, whether or not they are subject to an impairment charge for counterparty risk, totaled €131 million at December 31, 2020 compared with €96 million at December 31, 2019. At December 31, 2020, bonds and other fixed-income securities issued by public-sector organizations amounted to €734 million compared with €964 million at December 31, 2019.

EQUITIES AND OTHER VARIABLE-INCOME SECURITIES: BREAKDOWN BY TYPE OF LISTING

12/31/2020

12/31/2019

Securities held for trading

Available-for-sale securities

Securities held for trading

Available-for-sale securities

5

Total

Total

in millions of euros

Listed securities Unlisted securities Accrued interest

3,114

3,114

1,224

1,224

44

44

109

109

0

0

TOTAL

0

3,158

3,158

0

1,333

1,333

The change in variable-income securities, classified under available-for-salesecurities, is mainly due to the acquisition of a UCITS cash fund for €1,650 million and the acquisition of Visa Inc. Class A preference shares following the conversion of VISA Inc. Class C preference shares for €240 million as mentioned in Note 4.4.1. At December 31, 2020, equities and other variable-income securities included €2,911 million in UCITS, with accumulation funds accounting for €2,862 million of that total (compared with €1,263 million in UCITS at December 31, 2019, including €1,213 million in accumulation funds).

Unrealized losses on impaired available-for-sale securities totaled €222 million at December 31, 2020. As at December 31, 2019, unrealized losses subject to an impairment charge amounted to €87 million. Unrealized gains on available-for-sale securities totaled €100 million at December 31, 2020. As of December 31, 2019, unrealized gains on available-for-sale securities amounted to €70 million.

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE