GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Annual financial statements and notes

7.3.6

NOTES TO THE ANNUAL FINANCIAL STATEMENTS

SUMMARY Significant events of the year 1

271

Post-balance sheet events 2

271

Accounting principles, rules and methods 3

271

Notes on the annual financial statements 4

278

Intangible assets Note 4

Commitments received and given Note 16

278

291

Investments Note 5

Operating income statement by source Note 17

278

292

Share of outward reinsurance Note 6

Investment income and expenses Note 18

292

and retrocessionaires in technical reserves 282

Other non-technical income and expenses Note 19

293

Receivables Note 7

283

Extraordinary income and expenses Note 20

293

Accruals – Assets Note 8

283

Income tax Note 21

293

Changes in group’s equity Note 9

284

Breakdown of employee expenses Note 22

294

Subordinated debt Note 10

284

Workforce Note 23

294

Technical reserves of Non Life insurance Note 11

285

Directors’ compensation Note 24

294

Reserves (other than underwriting) Note 12

287

Subsidiaries and equity interests Note 25

295

Liabilities Note 13

287

Information concerning subsidiaries Note 26 and equity interests

Accruals – Liabilities Note 14

288

295

Assets and liabilities concerning related Note 15 companies and equity-linked companies

Consolidation Note 27

295

289

270

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES