FFP_REGISTRATION_DOCUMENT_2017

FINANCIAL STATEMENTS

Parent-company financial statements

NOTE 11

PORTFOLIO INVESTMENT SECURITIES AND OTHER LONG-TERM INVESTMENTS

11.1 POSITION AT 31 DECEMBER 2017

Unrealised impairment provisioned

Net carrying amount

Previous period

Cost

Closing value

(in thousands euros)

Leverage buyout funds

15,022 18,057

27,686 25,265

-

15,022 15,367

12,460 17,449

Expansion funds Real-estate funds

(2,689)

-

3,833

-

-

588

Other funds

69

23

(46)

23

30

Total private equity funds

33,148

56,807

(2,735)

30,412

30,526

154 154

Co-investments

- -

- -

- - - - - - -

- -

Total co-investments

34,357 34,357 91,164

19,536 19,536 49,948

19,507 19,507 50,187

Other

19,536 19,536 52,684

Total other investments

(2,735)

TOTAL PORTFOLIO INVESTMENT SECURITIES

Security deposit

540 274 814

540 281 821

540 274 814

627

49

Liquidity agreement (Note 13)

TOTAL OTHER LONG-TERM INVESTMENTS

675

TOTAL

53,498

91,985

(2,735)

50,763

50,863

11.2 CHANGES DURING THE PERIOD

Gross value at beginning of period

Gross value at end of period

Increases

Decreases

(in thousands euros)

Leverage buyout funds

12,460 20,081

4,872 1,523

(2,310) (3,547)

15,022 18,057

5 .2

Expansion funds Real-estate funds

588

45

(633)

-

Other funds

80

-

(11)

69

Total private equity funds

33,209

6,440

(6,501) (7,899) (7,899)

33,148

Co-investments

7,899 7,899

- - - -

- -

Total co-investments

Other

19,543 19,543

(8) (8)

19,536 19,536

Total other investments

TOTAL PORTFOLIO INVESTMENT SECURITIES

60,651

6,440

(14,407)

52,684

Security deposit

627

77

(164)

540 274 814

Liquidity agreement (Note 13)

49

5,913 5,991

(5,688) (5,852)

675

TOTAL OTHER LONG-TERM INVESTMENTS

TOTAL

61,326

12,431

(20,259)

53,498

183

FFP

2017 REGISTRATION DOCUMENT