BPCE_PILLAR_III_2017

9 LIQUIDITY, INTEREST RATE AND FOREIGN EXCHANGE RISKS Detailed quantitative disclosures on liquidity risk

TABLE 82 – 2017 ENCUMBERED ASSETS ➡

Carrying amount of encumbered assets

Fair value of encumbered assets

Carrying amount of unencumbered assets

Fair value of unencumbered assets

in millionsof euros

Assets

234,749 19,400 59,723 156,597

0

912,725 27,146 57,029 829,023

0

Equity instruments

19,400 59,404

21,854 42,797

Debt securities Other assets

0

0

Fair value of encumbered collateral received or encumbered own debt securities issued

Fair value of the collateral received or own debt securities issued for encumbering

in millionsof euros

Collateral received Equity instruments

119,910 34,347 85,066

112,060 41,980 52,662 16,099

Debt securities

Other

0

Own debt securities issued, other than own coveredbonds or own asset-backedsecurities

0

0

Assets, collateral received and own debt securities issued, other than own covered bonds or own encumbered asset-backed securities

Corresponding liabilities, contingent liabilities or securities loaned

in millionsof euros

Carrying amount ofselected financialiabilities

280,836

356,585

In reference to the publication of the Ministerial Order of December 19, 2014 in the Official Bulletin (Journal Officiel) of the French Republic, the publicationof disclosuressince this Order based on data calculatedas a median value observed on a continuousbasis containsat the very least quarterlydata over the previous12 months, as stipulatedin Article 3. At December 31, 2017, total balance sheet assets and encumbered collateralreceivedfrom Groupe BPCE totaled € 356,585 million. These can be broken downby typeand source of costs:

securities transactions, including in particular securities lending ● and repurchase agreements, for atotal of € 184,370million; encumberedreceivables in vehicles other than covered bond asset ● pools, such as central bank refinancingor other market vehicles,for a total of € 61,435million; encumberedreceivablessecuring covered bond vehicles (BPCE SFH, ● BP Covered Bonds, SCF and Natixis Pfandbriefbank),for a total of € 92,199 million; assets encumbered by the payment of margin calls on derivative ● positions, for atotal of € 16,681million.

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Risk Report Pillar III 2017

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