BPCE_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2017

5.1.6

Notes to the financial statementsof Groupe BPCE

Note 1

Note 5

General background

Notes tothe balance sheet

247

275

1.1 1.2 1.3 1.4

Groupe BPCE

247 247 248 248

5.1

Cash and amounts due from

central banks

275

Guarantee mechanism

5.2

Financial assets and liabilities at fair value through profit or loss

Significant events

275 278 278 279 284 285 286 286 287

Post-balance sheet events

5.3 5.4 5.5 5.6 5.7 5.8 5.9

Hedging derivatives

Note 2

Available-for-sale financial assets Fair value of financial assets and

Applicable accounting standards

and comparability

248

liabilities

2.1 2.2 2.3 2.4

Regulatory framework

248 248 254

Loans and receivables

Standards

Held-to-maturity financial assets Reclassification of financial assets Deferred tax assets and liabilities Accrued income and other assets 5.10 Non-current assets held for sale 5.11 and associated liabilities

Use of estimates

Presentation of the consolidated financial statements and balance sheet date

254

287 287

Note 3

Consolidation principles and

Investment property 5.12

methods

254

Property, plant and equipment 5.13 and intangible assets

288 288

3.1 3.2

Consolidating entity

254

5

Goodwill 5.14

Scope of consolidation – consolidation and valuation methods

Amounts due to credit institutions 5.15 and customers

254 256

290 291

3.3

Consolidation rules

Debt securities 5.16

Accrued expenses and other 5.17 liabilities Technical reserves of insurance 5.18 companies

Note 4

Accounting principlesand

292

valuation methods

257

292 293 294

4.1 4.2 4.3

Financial assets and liabilities

257 269

Provisions 5.19

Investment property

Subordinated debt 5.20

Property, plant and equipment

Ordinary shares and equity 5.21 instruments issued Non-controlling interests 5.22 Change in gains and losses 5.23 recognized directly in other comprehensive income Offsetting financial assets and 5.24 financial liabilities

and intangible assets Assets held for sale and associated liabilities

270

295 296

4.4

270 270 271 271 271 271 272 273 273 273 274

4.5 4.6 4.7 4.8 4.9

Provisions

Interest income and expenses Commissions on services Foreign currency transactions Finance leases and similar

297

297

Note 6

Notes tothe income statement

300

transactions

Employee benefits 4.10 Share-based payments 4.11

6.1

Interest and similar income and

expenses

300

Deferred tax assets and liabilities 4.12

6.2

Fee and commission income and

Insurance businesses 4.13 Real estate development 4.14 Contributions to banking 4.15 resolution mechanisms

expenses

300

6.3

Net gains or losses on financial instruments at fair value through profit or loss

301

274

6.4

Net gains or losses on

available-for-sale financial assets 301

245

Registration document 2017