GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Information required by the amendment to IFRS 4 in the event of a temporary 7.10 exemption from the application of IFRS 9 The breakdownof the Group’s financial investmentsbetween i) SPPI (Solely Payment of Principal and Interest) financial assets not held for tradingand whereneithermanagement norassessmentof performanceis based on the fairvalue, and ii)other assets isas follows:

31.12.2019

31.12.2018

Variation

SPPI (1) financial assetsnot held for trading where neithermanagement nor assessmentof performanceis basedon the fair value

SPPI (1) financial assetsnot held for trading where neithermanagement nor assessmentof performanceis basedon the fair value

SPPI (1) financial assetsnot held for trading where neithermanagement nor assessmentof performanceis basedon the fair value

Other assets

Other assets

Other assets

Total

Total

Total

(in millions ofeuros)

Equities and other variable-incomeinvestments Bonds and other fixed-incomeinvestments

3,430 3,430

3,046 3,046

383 383

51,164 7,245 58,409

48,342 7,413 55,755

2,822 (168)

2,654

Cash mutual funds

8,447 8,447

8,023 8,023

424 424

Other investments Total financial investmentsvalued at fair value Loans, deposits,other investmentsat amortised cost TOTALOF FINANCIAL INVESTMENTS EXCLUDING UNIT-LINKEDITEMS

51,164 19,122 70,286

48,342 18,483 66,824

2,822 640 3,462

1,219 107 1,326

1,104 125 1,229

115 (18)

97

52,383 19,229 71,612

49,446 18,607 68,053

2,937 622 3,558

Unit-linkedfinancial investments

10,392 10,392

8,935 8,935

1,457 1,457

Solely Paymentof Principal andInterest (SPPI) assets are securitieswhose contractual termsgive rise,on specified dates, tocash flows thatcorrespond solelyto (1) principaland interest payments onoutstanding principal.

The table below breaks down by rating those SPPI investments not held for trading where neither management nor assessment of performance isbased on thefair value.

31.12.2019

AAA

AA

A

BBB

Total

(in millions ofeuros)

Financialassets at book value determined accordingto IAS 39 SPPI (1) financialassets not held for tradingwhere neither managementnor assessmentof performanceis based on the fair value

2,770

24,414

10,196

13,273

322

1,408

52,383

2,770

24,414

10,196

13,273

322

1,408

52,383

Solely Paymentof Principal andInterest (SPPI) assets are securitieswhose contractual termsgive rise,on specified dates, tocash flows thatcorrespond solelyto (1) principaland interest payments onoutstanding principal.

184

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES