BPCE - 2020 Universal Registration Document

FINANCIAL REPORT

BPCE PARENT COMPANY ANNUAL FINANCIAL STATEMENTS

12/31/2019

Increase

Decrease

Other changes

12/31/2020

in millions of euros

Lease rights and business assets

78 87

78 92

Software

10

(5)

0

Other

0

0

Operating intangible assets

165

10

(5)

0

170

Non-operating property, plant and equipment

2

2

Gross amount

167

10

(5)

0

172

Lease rights and business assets

0

0

Software

(50)

(8)

0

(58)

Other

0 0

0 0

Impairment

Operating intangible assets

(50)

(8)

0

0

(58)

Impairment excluding operating intangible assets

(2)

(2)

Depreciation and impairment

(52) 115

(8)

0

0 0

(60) 112

NET AMOUNT

2

(5)

4.5.2

PROPERTY, PLANT AND EQUIPMENT

Accounting principles Property, plant and equipment consist of tangible assets held for use in the productionor supply of goods and services, for lease to third parties or for administrativepurposesand which are expected to be used during more than one fiscal year. Insofar as buildings are assets consisting of a number of components that have different uses at the outset, each componentis recognizedseparatelyat cost and a depreciation schedule specific to each component is used. The depreciable amount is the gross value less the residual valuewhere the latter is material, lastingand can be measured reliably.

Other property,plant and equipmentis recordedat acquisition cost, productioncost or restatedcost. The cost of fixed assets denominated in foreign currencies is translated into euros at the exchange rate prevailing on the transaction date. These assets are depreciatedaccordingto the period over which the asset’s future economic benefits are expected to be consumed by the entity, which generally corresponds to the asset’s useful life. Where applicable, assets may be subject to impairment. Investment property consists of non-operating assets.

5

12/31/2019

Increase

Decrease

Other changes

12/31/2020

in millions of euros

Land

0 2 0

0 2 0

Buildings

Shares in non-trading real estate companies

Other

66 68

8 8 0 8

(7) (7)

67 69

Operating property, plant and equipment Non-operating property, plant and equipment

0

2

0

2

Gross amount

70

(7)

0

71

Land

0 0 0

0 0 0

Buildings

Shares in non-trading real estate companies

Other

(39) (39)

(8) (8)

(47) (47)

Operating property, plant and equipment Non-operating property, plant and equipment

0

0

(2)

(2)

Depreciation and impairment

(41)

(8)

0

0 0

(49)

NET AMOUNT

29

0

(7)

22

561

UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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