GROUPAMA / 2018 Registration document

7 FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS AND NOTES

Pursuant to Article 28of CommissionRegulation(EC) 809/2004of 29 April 2004, the following informationhas been incorporated into this registrationdocument by reference: the consolidated financial statements of Groupama SA for the fiscal year ended 31 December 2017 and the corresponding ❯ statutory auditors’ report appear on pages 180to 293 and 294 to 298, respectively,of the registrationdocumentno D18-0403 filed with the AMF on26 April 2018; the consolidated financial statements of Groupama SA for the fiscal year ended 31 December 2016 and the corresponding ❯ statutory auditors’ report appear on pages 202to 318 and 319 to 320, respectively,of the registrationdocumentno D17-0447 filed with the AMF on27 April 2017.

CONSOLIDATED FINANCIAL STATEMENTS

7.1

AND NOTES

7.1.1

CONSOLIDATED BALANCE SHEET

ı

Assets

31.12.2018

31.12.2017

(in millions of euros)

Goodwill

Note 2

1,900

1,907

Other intangible assets

Note 4

235

226

Intangible assets

2,136

2,133 1,132

Investment property excluding unit-linked items

Note 5

882

Unit-linked investmentproperty

Note 8

110

118

Operating property

Note 6

368

378

Financial investments excluding unit-linked items

Note 7

68,053

69,382

Unit-linked financial investments

Note 8

8,935

9,212

Derivativesandseparate embedded derivatives

Note 9

114

113

Insurance business investments

78,462

80,335

Note 10

Funds used in banking sector activitiesandinvestmentsof other business activities

112

101

Note 11

Investments in related companies and joint ventures

485

493

Share of outward reinsurers andretrocessionaires in liabilities relating to insurance andfinancial contracts

Note 12

1,488

1,634

Other property, plant and equipment

Note 13

183

171

Deferredacquisition costs

Note 14

168

137

Deferredprofit-sharing assets Deferredtax assets

Note 15

39

36

Receivables arising from insurance and inward reinsurance operations

Note 16

2,070

1,899

Receivables fromoutwardreinsurance operations

Note 17

171

183

Currenttax receivables andothertax receivables

Note 18

289

251

Other receivables

Note 19

2,166

2,342

Other assets

5,086

5,018

Note 3

Held-for-sale assets anddiscontinued business activities

150

447

Note 20

Cash andcashequivalents

587

483

TOTAL

88,506

90,645

182

REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES