BPCE_REGISTRATION_DOCUMENT_2017
5 FINANCIAL REPORT
IFRS Consolidated Financial Statements of BPCE SA group 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
BPCE SA group
2017
2017
2017
2017
2017
2016 pf
2016 pf
2016 pf
2016 pf
2016
in millions of euros
Net banking income Operating expenses
3,303 3,448 3,113 2,718 3,581 3,270
501 1,344 10,499 10,781
(2,284)
(2,199)
(2,178)
(1,981)
(2,194)
(2,046)
(1,485)
(1,479)
(8,141)
(7,705)
Gross operatingincome
1,019 1,249
936
737 1,387 1,224 (984)
(135)
2,358 3,076
Cost/incomeratio
69.1% 63.8% 69.9% 72.9% 61.3% 62.6% ns
ns 77.5% 71.5%
Cost ofrisk
(292)
(294)
1 (115)
(195)
(104)
(20)
(511)
(508)
Share in incomeof equity-accounted associates Gains or losseson otherassets Change in thevalue of goodwill
14
16 35
1
(9) 30
10 18
14
216
181
241
202
(15)
13
89
105
104 (66)
170
(66)
(117)
(117)
Incomebeforetax
725 1,006
950
759 1,300 1,043 (849)
15 2,126 2,823
Incometax
(231) (130)
(355) (159)
(329) (276)
(261) (187)
(380) (269)
(322) (207)
329
274 (611) 59 (670)
(665) (494)
Non-controllinginterests
6
NET INCOMEATTRIBUTABLETO EQUITYHOLDERSOF THE PARENT 364
492
345
310
651
513 (514)
348
845 1,664
Excludingthe BanquePopulairebanks,Caissesd’Epargneand theirconsolidatedsubsidiaries. *
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 pf
2016
2016
2016
in millions of euros
Net banking income Operating expenses
1,382 1,352 734 655 1,187 1,442 3,303 3,448
(939)
(885)
(439)
(378)
(907)
(936) (2,284) (2,199)
Gross operatingincome
443 466 295 277 281 505 1,019 1,249 67.9% 65.5% 59.8% 57.6% 76.4% 64.9% 69.1% 63.8%
Cost/incomeratio
Cost ofrisk
(73)
(57)
- (220)
(236)
(292)
(294)
Share in incomeof equity-accounted associates Gains or losseson otherassets
5
-
13
9
1
2
14
16 35
31
-
(15)
4 (15)
INCOMEBEFORE TAX
5 371 440 308 287
46 274 725 1,006
SEGMENT ANALYSIS OF THE CONSOLIDATED BALANCE SHEET 10.2
Retail Banking and Insurance
Asset & Wealth Management
Corporate & Investment Banking
Corporate Center
BPCE SA group
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*
234,154 233,116 189,480 188,069
4,684 4,196
5,286 284,599 308,807 236,184 217,860 759,621 765,069 4,786 260,451 281,137 221,953 191,328 676,081 665,321
Segmentliabilities represent the liabilities restated for equityand other liabilities (notably including tax liabilities and other liabilitiesandprovisions). *
BPCE SA group’s segment information for previous periods has been restated in line with the new sector breakdown and the changes made by Natixis to the rules for allocating capital to the (1) business lines and the rate of return on capital.
434
Registration document 2017
Made with FlippingBook - professional solution for displaying marketing and sales documents online