GROUPAMA / 2018 Registration document

7 FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS AND NOTES

NOTE 8

INVESTMENTS REPRESENTING COMMITMENTS

IN UNIT-LINKED INVESTMENTS

31.12.2018

31.12.2017

France

International

Total

France

International

Total

(in millions of euros)

Variable-income securities andrelatedsecurities

3

3

4

4

Bonds

2,551

397

2,948

3,027

505

3,532

Equitymutual fund units

5,220

171

5,391

4,990

168

5,158

BondandotherUCITS units

197

251

448

173

273

446

Other investments

145

145

71

71

Subtotal of unit-linked financial investments Unit-linked investmentproperty Subtotal of unit-linked investmentproperty

7,968

968

8,935

8,190

1,022

9,212

110

110

118

118

110

110

118

118

TOTAL

8,077

968

9,045

8,308

1,022

9,329

The unit-linked(UL) investmentsare solelyconnected to the Life andHealth Insurancebusiness.

230

REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES