GROUPAMA / 2018 Registration document

FINANCIAL STATEMENTS CONSOLIDATED FINANCIAL STATEMENTS AND NOTES

Note 7.11

Information required by the amendment to IFRS 4 in the event of a temporary

exemption from the application of IFRS 9

The breakdown of the Group’s financial investments into SPPI (Solely Payment of Principal and Interest) financial assets not held follows: for trading and for which management and performance

assessment are not based on fair value and other assets is as

31.12.2018

31.12.2017

Variation

SPPI  (1) financial assets not held for trading and for which management and performance assessment are not based on fair value

SPPI  (1) financial assets not held for trading and for which management and performance assessment are not based on fair value

SPPI  (1) financial assets not held for trading and for which management and performance assessment are not based on fair value

Other assets Total

Other assets Total

Other assets Total

(in millions of euros)

Equities andother variable-income investments Bonds andotherfixed-income investments Other investments Total financial investments valuedatfair value Loans, deposits, and other investments at amortised cost TOTAL FINANCIAL INVESTMENTS EXCLUDING UNIT-LINKED ITEMS Cashmutual funds

3,046 3,046

3,440 3,440

(394)

(394)

48,342 7,413 55,755

49,151 7,601 56,752

(809)

(187)

(997)

8,023 8,023

8,024 8,024

(1)

(1)

48,342 18,483 66,824

49,151 19,065 68,216

(809)

(582) (1,391)

1,104 125 1,229

973 194 1,166

132 (69)

63

49,446 18,607 68,053

50,124 19,258 69,382

(678)

(651) (1,329)

Unit-linked financial investments

8,935 8,935

9,212 9,212

(276)

(276)

Solely Payment of Principal and Interest (SPPI) assets are securities whose contractual terms give rise, on specified dates, to cash flows that (1) correspond solely to principal and interest payments on outstanding principal.

7

The table below presents the breakdownby rating of SPPI investmentsnot held for trading and for which managementand performance assessmentare not based onfair value.

31.12.2018

AAA

AA

C

BBB

Total

(in millions of euros)

Financialassetsat book value determined in accordance with IAS 39 SPPI  (1) financialassetsnot held for trading andforwhichmanagement and performance assessment are not based on fair value

2,636

23,634

9,548

12,431

343

855

49,446

2,636

23,634

9,548

12,431

343

855

49,446

Solely Payment of Principal and Interest (SPPI) investments are securities whose contractual terms give rise, on specified dates, to cash flows that (1) correspond solely to principal and interest payments on outstanding principal.

229

REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES