2021 Universal Registration Document

FINANCIAL STATEMENTS

Consolidated financial statements

22-7

Net income impact by category of instruments

Net income related to the different categories of financial assets and liabilities are as follows:

Breakdown by category of instruments

At December 31, 2021

At fair value through the income statement

Derivative hedging instruments

Debts at amortized cost

Nature of impact (in thousand euros)

Receivables at amortized cost

At fair value through equity

Total

Interest income/(expense)

(27)

965

-

2,743

(3,736)

-

Revaluation at fair value

-

-

-

-

-

-

Translation

(16,548)

-

-

-

(16,548)

-

Net depreciation

(864)

-

-

-

(864)

-

TOTAL

(17,439)

965

-

2,743

(21,148)

-

At December 31, 2020

Breakdown by category of instruments

At fair value through the income statement

Derivative hedging instruments

Debts at amortized cost

Nature of impact (in thousand euros)

Receivables at amortized cost

At fair value through equity

Total

Interest income/(expense)

(1,437)

1,722

-

1,396

(4,555)

-

Revaluation at fair value

-

-

-

-

-

-

Translation

4,301

-

-

-

4,301

-

Net depreciation

(2,400)

-

-

-

(2,400)

-

TOTAL

463

1,722

-

1,396

(2,655)

-

NOTE 23

SHARE-BASED PAYMENTS

Fair value is measured using the method given below. The expected life used in the model has been adjusted, based on management’s best estimates, for the effect of non-transferability, exercise restrictions and behavioral considerations. Share-based payments are booked in staff costs (see Note 4 – Operating expenses - “Staff costs” item and in the lines of the income statement presented by functions).

The Group issues shares and stock options to certain employees as comensation for services provided. Equity-settled share-based payments are measured at fair value (excluding the effect of non market-based vesting conditions) at the date of grant. This fair value on the vesting date is expensed over the vesting period, based on the Group’s estimate of the shares that will eventually be vested and adjusted for the effect of non-market-based vesting conditions.

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• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •