GROUPAMA / 2018 Registration document

7 FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS AND NOTES

2017

Premium income

Net income Technical reserves

Total assets Shareholders’ equity

(in millions of euros)

La BanquePostale Assurances IARD  (1)

326

(7)

451

714

112

STAR  (2)

124

3

207

346

109

Groupama – AVIC Property InsuranceCo.  (1)

280

6

161

400

137

Orange Bank  (1)

(76)

5,364

340

Compagnie Financière d’Orange Bank  (1)

373

370

Actual data. (1) Estimated data for income and earnings/Actual data at December 2016 for the balance sheet. (2)

The Group has chosen to opt for the temporary exemption from the financial statements prepared by these related companies for the rule on uniformity of accounting policies ordinarily required by the purposes of preparing their consolidated financial statements. IAS 28 and provided for in paragraph 20O (b) of the amendment This option concerns the financial statements used for the to IFRS 4 “Applying IFRS 9 – Financial Instruments with IFRS 4 application of the equity method of related companies of Orange – Insurance Contracts”. This amendment allows insurance groups Bank (which has applied IFRS 9 since 1 January 2018) and La that have elected to postpone the application of IFRS 9 and that Banque Postale Assurances IARD (which applies the IFRS 9 account for related companies using the equity method to retain stackingapproachof the amendment to IFRS 4).

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REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES