BPCE_REGISTRATION_DOCUMENT_2017
FINANCIAL REPORT IFRS Consolidated Financial Statements of BPCE SA group as at December 31, 2017
AVAILABLE-FOR-SALE FINANCIAL ASSETS 5.4 These are non-derivativefinancialassets that could not be classifiedin any other category(“Financialassets at fair value”, “Financialassets held to maturity” or “Loansand receivables”).
12/31/2017
12/31/2016
in millionsof euros
Treasury billsand equivalent
22,993 32,426
23,373 29,286
Bondsand other fixed-income securities
Impaired securities
102
91
Fixed-income securities
55,521 10,519
52,750
Equitiesand othervariable-incomesecurities
9,158
Loans tocredit institutions
7
7
Loans tocustomers
25 32
26 33
Loans
Available-for-salefinancialassets, gross Impairment offixed-income securitiesand loans
66,072
61,941
(59)
(51)
Permanent impairment of equities and othervariable-incomesecurities
(852)
(970)
TOTALAVAILABLE-FOR-SALE FINANCIAL ASSETS
65,161
60,920
Gains andlosses recognized directly in equityon available-for-sale financial assets (before tax)* 4,396 Includingthe portionattributableto non-controllinginterests(€1,289 millionat December 31,2017,comparedwith €1,343 millionat December 31,2016). In the insurancesubsidiaries,this net * unrealizedcapitalgain gave rise to the symmetricalrecognitionof deferredprofit-sharingof €3,249 millionat December 31,2017,comparedwith €3,323 millionat December 31,2016 (see Note 5.18). 4,416
Available-for-salefinancial assets held by the insurance companies controlled by BPCE SA group amounted to € 44,444 million at December31, 2017 and € 41,048million at December31, 2016.
Impairment losses are recognized for available-for-sale financial assets whenever the Group considers that its investmentmay not be recovered.For variable-incomesecurities quoted in an active market, a price decline in excess of 50% in relation to the historical cost or for more thana 36-month periodconstitutesevidence of impairment.
5
399
Registration document 2017
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