BPCE_REGISTRATION_DOCUMENT_2017

4 2017 ACTIVITIES AND FINANCIAL INFORMATION Groupe BPCE financial data

the - € 91 million impact of the disposals of internationalworkout ● portfolioassets, and of asset impairments(- € 85 million),on income before tax; finally, the Corporate Center included the contributions of the ● Group’s central institution, BPCE SA group, and Natixis, income

from private equity activities and from various other investment companies, central resource or support companies, and property managementcompanies.

4.3.8

Analysis of the Groupe BPCE consolidated balancesheet

Change

12/31/2017

12/31/2016

€bn

%

 in billionsof euros

Cash andamountsdue from centralbanks Financialassetsat fair value throughprofit or loss

94.7

83.9

10.8 (3.4) (5.0) (4.6) 26.2 (2.1) (1.6) (0.1) 4.5

12.8% (2.0%) (33.9%)

169.8

173.2

Hedgingderivatives

9.8

14.8

Available-for-salefinancial assets

104.7

100.2

4.5%

Loans and receivablesdue from creditinstitutions Loans and receivablesdue from customers

92.1

96.7

(4.8%)

693.1

666.9

3.9%

Revaluation differenceson interestrate risk-hedged portfolios

5.8 7.8

7.9 9.5

(26.7%) (17.4%) (0.1%)

Held-to-maturity financial assets

Currentand deferredtax assetsand other assets

70.1

70.2

Fixed assets

7.6 4.3

7.6 4.4

0.1

0.8%

Goodwill ASSETS

(0.1) 24.6

(2.1%) 2.0%

1,259.9

1,235.2

Amount due tocentralbanks

0.0

0.0

0.0 2.5

ns

Financialliabilities atfair value through profitor loss

135.9

133.4

1.9%

Hedgingderivatives

14.7 92.1

19.8 87.2

(5.1)

(25.6%)

Amounts dueto credit institutions

5.0

5.7% 7.2%

Amounts dueto customers

569.9 217.0

531.8 232.4

38.1

Debt securities

(15.4)

(6.6%)

Revaluation differenceson interestrate risk-hedged portfolios Currentand deferredtax liabilities and other liabilities

0.4

0.7

(0.3) (7.3)

(44.0%) (12.5%) 10.4%

51.1 83.7

58.5 75.8

Technical reserves of insurancecompanies

7.9

Provisions

6.4

6.5

(0.1) (2.7)

(1.6%)

Subordinated debt

17.4 64.0

20.1 61.5

(13.5%)

Equityattributableto equity holdersof the parent

2.6

4.2% (6.5%) 2.0%

Non-controllinginterests

7.2

7.7

(0.5) 24.6

LIABILITIES

1,259.9

1,235.2

totaled € 1,259.9 billion, up 2.0% compared with December 31, 2016.

At December 31, 2017, the consolidatedbalance sheet of Groupe BPCE

The return on assets stoodat 29 bp in 2017.

228

Registration document 2017