BPCE - 2020 Universal Registration Document
5
FINANCIAL REPORT
BPCE PARENT COMPANY ANNUAL FINANCIAL STATEMENTS
Analysis of expenses for the year
Other long-term employee benefits
Other long-term employee benefits
Post-employment defined-benefit plans
Post-employment defined-benefit plans
Supplementary pensions and other plans
End-of- career awards
Long- service awards
Supplementary pensions and other plans
End-of- career awards
Long- service awards
CGPCE plan
CARBP plan
CGPCE plan
CARBP plan
in millions of euros Service cost Past service cost Interest cost
12/31/2020
12/31/2019
5
6
1
12
6
5
1
12
0 2
0 3
(4)
(4)
1
2
4
6
Interest income
(1)
(2)
(3)
(2)
(4)
(6)
Actuarial gains recognized in income
8 0
8 1
0 7
Other
2 8
(1)
1 3
4 9
2 3
TOTAL
0
0
13
0
21
0
0
15
Main actuarial assumptions
12/31/2020
12/31/2019
Other long-term employee benefits
Other long-term employee benefits
Post-employment defined-benefit plans
Post-employment defined-benefit plans
Supple- mentary pensions and other plans (0.14%) to 0.51%
Supple- mentary pensions and other plans 0.48% to 0.83%
End-of- career awards
Long- service awards
End-of- career awards
Long- service awards
CGPCE plan
CARBP plan
CGPCE plan
CARBP plan
as a%
(0.34%) to 0.85%
(0.23%) to
(0.13%) to 0.64%
(0.04%) to 0.30%
Discount rate Inflation rate
0.61% 0.38%
1.05% 0.86% 0.62%
1.60% 1.60% 1.60% 1.60% 1.60% 1.60% 1.60% 1.60% 1.60% 1.60%
Wage growth rate
NA
NA
NA
NA
NA
NA
NA
NA
NA
NA
AGIRC – ARRCO revaluation rate
inflation (0.50%)
inflation (0.50%)
inflation (0.50%)
inflation (0.50%)
NA
NA
NA
NA
NA
NA
Life tables used
TGH05-TGF05 TGH05-TGF05 TGH05/TGF05 TGH05/TGF05 TGH05/TGF05 TGH05-TGF05 TGH05-TGF05 TGH05/TGF05 TGH05/TGF05 TGH05/TGF05
Duration
17.99
14.17 5.8 to 18.9 2.16 to 32.04 4.6 to 9.15
18.2
14.3 12.2 to 19.2 3.3 to 14.8 4.6 to 9.4
Stock option purchase plans Since the formation of BPCE, company directors have neither received share subscription or purchase options, nor been awarded bonus shares.
The life tables used are: TGH05/TGF05 for termination benefits, long service awards • and other benefits, as well as for CGPCE and CARBP. The discount rate used is based on the prime borrower curve (EUR Composite AA curve).
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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE
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