GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

STATEMENT OF NET INCOME AND GAINS (LOSSES) RECOGNISED

7.1.3

DIRECTLY IN GROUP’S EQUITY

31.12.2020

31.12.2019

Non- controlling interests

Non- controlling interests

Group share

Total

Group share

Total

(in millions of euros)

49

1

50

104

1

105

Net income for fiscal year

Gains and losses recognised directly in Group’s equity Items recyclable to income Change in foreign exchange adjustments Change in gross unrealised capital gains and losses on available-for-sale assets

(58)

(58)

33

33

879

4

883

2,500

7

2,507

Revaluation of hedging derivatives Change in shadow accounting

(391)

(5)

(396)

(1,517)

(6)

(1,524)

Change in deferred taxes

(138)

1

(138)

(219)

(219)

Other changes

5

5

(1)

(1)

Items not recyclable to income Restatement of net actuarial debt from pension commitments (defined-benefit schemes)

(5)

(5)

4

4

Change in deferred taxes

2

2

(1)

(1)

Other changes Total gains (losses) recognised directly in Group's equity NET INCOME AND GAINS (LOSSES) RECOGNISED IN GROUP’S EQUITY

293

293

798

1

798

342

1

343

902

2

903

The statementof net income and gains (losses) recogniseddirectly available-for-sale, minus deferredprofit sharing and deferred taxes, in group's equity, an integral part of the financial statements, the change in the provision for unrealised foreign exchange includes, in addition to the net income for the year, the change in adjustments, and the actuarial gains (losses) on post-employment the provision for gross unrealised capital gains (losses) on assets benefits.

149

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES