GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Annual financial statements and notes

7.3.3

NON-OPERATING INCOME STATEMENT

2019 net transactions

2018 net transactions

(in thousands ofeuros)

UnderwritingincomefromNon-Lifeinsurance

162,601

59,731

Investmentincome

Note 18

941,741

367,499

Income from investments

863,525

296,180

Other investmentincome

65,157

66,478

Profits on the sale of investments

13,059

4,840

Investmentexpenses

Note 18

(452,096)

(268,929)

Internal and external investmentmanagementcosts

(232,016)

(195,000)

Other investmentexpenses

(211,627)

(24,245)

Losses on the sale of investments

(8,453)

(49,683)

Transferredinvestmentproceeds

(279,442)

(57,405)

Other non-technicalincomeand expenses

Note 19

(18,153)

(17,339)

Other non-underwritingincome

106

257

Other non-underwritingexpenses

(18,258)

(17,596)

Extraordinaryearnings

Note 20

(21,305)

(15,666)

Extraordinaryincome

39,789

70,092

Extraordinaryexpenses

(61,094)

(85,758)

Employeeprofit sharing

0

0

Incometax

Note 21

(7,645)

97,411

NET INCOMEFOR FISCALYEAR

325,702

165,302

267

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES