BPCE_REGISTRATION_DOCUMENT_2017
5 FINANCIAL REPORT
IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2017
SEGMENT ANALYSIS OF THE CONSOLIDATED INCOME STATEMENT 10.1
Results by division (1)
Retail Banking and Insurance
Asset & Wealth Management
Corporate & Investment Banking Corporate Center
Groupe BPCE
2017
2017 2016 pf
2017 2016 pf
2017 2016 pf
2017
2016 pf
2016
in millions of euros
Net banking income Operating expenses
16,673 16,948 3,113 2,718 3,581 3,270 352 1,222 23,720 24,158 (11,491) (11,360) (2,178) (1,981) (2,194) (2,046) (1,236) (1,286) (17,099) (16,673)
Gross operatingincome
5,183 5,588 936 737 1,387 1,224 (884) 68.9% 67.0% 69.9% 72.9% 61.3% 62.6% ns
(64)
6,621 7,485
Cost/incomeratio
ns 72.1% 69.0%
Cost ofrisk
(1,106)
(1,220)
0
1 (115)
(195)
(163)
(8)
(1,384)
(1,423)
Share in incomeof equity-accounted associates 49
48
1
(9)
10
14 216 206
276
259
Gains or losseson otherassets Change in thevalue of goodwill
(29)
68
13
30
18
0
86 105
88
203
(85)
(154)
(85)
(154)
Incomebeforetax
4,096 4,484 950 759 1,300 1,043 (831)
85 5,516 6,370
Incometax
(1,334)
(1,453)
(329) (276)
(261) (187)
(380) (269)
(322) (207)
232 154 (1,811)
(1,882)
Non-controllinginterests
(136)
(165)
1
59 (681)
(500)
NET INCOMEATTRIBUTABLETO EQUITY HOLDERS OF THEPARENT
2,626 2,867 345 310 651 513 (598)
298 3,024 3,988
Results of the Retail Banking and Insurance sub-divisions
Banque Populaire banks
Caisses d’Epargne
Specialized Financial Services
Insurance (Natixis)
Other networks
Retail Banking and Insurance
2017
2017
2017 2016 pf
2017 2016 pf
2017
2017
2016
2016
2016
2016 pf
in millions of euros
Net banking income Operating expenses
6,284 6,295 7,086 7,216 1,382 1,352 734 655 1,187 1,431 16,673 16,948
(4,418) (4,363) (4,788) (4,800)
(939)
(885)
(439)
(378)
(907)
(933) (11,491) (11,360)
Gross operatingincome
1,866 1,932 2,298 2,415 443 466 295 277 280 497
5,183 5,588
Cost/incomeratio
70.3% 69.3% 67.6% 66.5% 67.9% 65.5% 59.8% 57.6% 76.4% 65.2% 68.9% 67.0%
Cost ofrisk
(449)
(508)
(365)
(419)
(73)
(57)
- (220)
(236)
(1,106)
(1,220)
Share in incomeof equity-accounted associates Gains or losseson otherassets
35 (9)
37 36
0
1
-
13
9
1
2 6
49
48 68
(4)
(5)
(0)
31
-
(17)
(29)
INCOMEBEFORE TAX
1,443 1,497 1,930 1,992 371 440 308 287 44 268 4,096 4,484
SEGMENT ANALYSIS OF THE CONSOLIDATED BALANCE SHEET 10.2
Retail Banking and Insurance
Asset & Wealth Management
Corporate & Investment Banking
Corporate Center
Groupe BPCE
12/31/2017
12/31/2016 12/31/2017
12/31/2016 12/31/2017
12/31/2016 12/31/2017
12/31/2016 12/31/2017
12/31/2016
in millions of euros Segment assets Segment liabilities *
842,634 811,003 676,921 650,534
4,684
5,286 277,040 299,448 135,492 119,502 1,259,850 1,235,240 4,786 255,308 274,581 179,848 151,256 1,116,274 1,081,158
4,196
BPCE SA group's segment reporting for previous periods has been restated in line with the new sector breakdown and the restatements carried out by Natixis on the allocation of capital to the (1) business lines and the rate of return on capital
316
Registration document 2017
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