GROUPAMA / 2019 Universal Registration Document

7 FINANCIAL STATEMENTS Annual financial statements and notes

5.4 31 December 2019 (in thousands of euros)

Summary table of investments

Line F0501

Gross value N

Net value N

Sale Value

1.Propertyinvestments Land and buildings a)

441,981

430,165

610,986

Shares of unlistedpropertycompanies ii.

R0070

39,826

39,826

71,365

Developedpropertiesexcludingoperatingproperties iii.

R0080

104

57

332

Units and shares of unlisted real estate companiesexcluding iv. operatingproperties Operatingproperties(developedpropertiesand shares of unlisted v. real estate companies)

R0090

262,091

262,045

288,874

R0100

139,960

128,237

250,415

TOTALPROPERTYINVESTMENTS

441,981

430,165

610,986

2. Equities,units and other variable-returnsecurities Equities,units and other variable-returnsecuritiesin a) non-equity-linkedentitiesor affiliates

1,529,644

1,528,497

1,544,635

Listed equities and securities i.

R0210

6,804

6,618

6,544

Mutual fund shares and units holding exclusivelyfixed-income ii. securities

R0190

981,592

981,592

978,548

Shares and units of other mutuals funds iii.

R0200

539,616

539,616

558,872

Unlistedshares and securities iv.

R0220

1,632

671

671

Equities,units and other variable-returnsecuritiesin affiliates b)

7,711,826

7,507,236

9,500,915

Unlistedshares and securities ii.

R0250

7,711,826

7,507,236

9,500,915

Equities,units, and other variable-returnsecuritiesin c) equity-linkedentities

2,043

1,714

8,995

Unlistedshares and securities ii.

R0280

2,043

1,714

8,995

TOTALEQUITIES,UNITS, ANDOTHERVARIABLE-RETURN SECURITIES 3. Other investmentsecurities Other investmentsecuritiesexcludinginvestmentsin a) equity-linkedentitiesor affiliates

9,243,513

9,037,447

11,054,545

1,026,174

1,022,397

1,054,732

Bonds, negotiabledebt securities,and fixed-incomesecurities i.

605,668

601,891

634,226

Listed bonds: n

605,668

601,891

634,226

Bonds and other securities issued or guaranteedby an OECD memberState Bonds, shares of mutual debt funds, and participatingshares traded on a recognisedmarket other than those referred to above

R0330

204,840

202,177

219,219

R0350

400,828

399,714

415,007

Unlistedbonds n

0

0

0

Negotiabledebt securitiesand treasurybills n

0

0

0

281

Universal Registration Document 2019 - GROUPAMA ASSURANCES MUTUELLES