GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

Other income and expenses from current operations Note 42

31.12.2019

31.12.2018

France

International

Total

France

International

Total

(in millions ofeuros)

Commissionsand other operatingexpenses, Life

(210)

(9)

(219)

(221)

(9)

(230)

Employeeprofit sharing, Life

(1)

(1)

(1)

(1)

Other operating income, Life

4

7

11

3

7

10

Transferof operatingexpensesand capitalised production,Life Total incomeand expensesfromcurrent operations,Life Non-life commissionsand other underwriting expenses

17

17

14

14

(190)

(3)

(193)

(205)

(2)

(207)

(301)

(89)

(389)

(339)

(73)

(412)

Employeeprofit sharing, Non-life

(2)

(2)

(1)

(1)

Other non-life underwritingincome

156

3

160

144

3

147

Transferof operatingexpensesand capitalised production,Non-life Total incomeand expensesfromcurrent operations,Non-life

17

17

13

13

(129)

(85)

(214)

(183)

(70)

(253)

Other non-underwritingexpenses

(219)

(28)

(248)

(178)

(17)

(195)

Other non-underwritingincome

74

19

93

43

16

59

Total incomeand expensesfromcurrent operations,Non-operating

(145)

(10)

(155)

(135)

(1)

(136)

Total other incomeand expenses from currentoperations,Banking TOTAL

(464)

(98)

(562)

(523)

(73)

(596)

Other income and expenses from non-current operations Note 43

31.12.2019

31.12.2018

France

International

Total

France

International

Total

(in millions ofeuros)

Income from non-currentoperations

58

2

60

111

12

123

Expensesfrom non-currentoperations

(207)

(23)

(229)

(118)

(36)

(154)

Allocationto the reserve for goodwill

(102)

(102)

TOTAL

(149)

(123)

(271)

(7)

(24)

(31)

This itemcomprises: amortisation of portfolio securities totalling €16 million at ● 31 December2019; a reserve for impairment of goodwill of the Italian subsidiary for ● €102 million;

a reserve for impairment of equity-accountedsecurities of the ● subsidiaryOrangeBank for €81 million.

228

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES

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