GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

CHANGE IN GROUP’S EQUITY

7.1.4

Group’s equity –

Equity or equivalent

Consoli- dated reserves

Foreign exchange adjustment

Non- controlling interests

Total Group’s equity

Subordi- nated debts

Revaluation reserves

Group share

funds Net income

(in millions of euros)

GROUP'S EQUITY AT 31.12.2018 Allocation of 2018 income (loss)

3,618

319 1,100

(234)

1,010

(538)

5,274

52 5,326

(319)

319 (60)

Dividends (1)

(60)

(40) (15)

(100)

Change in capital

(15)

Business combinations

(40)

(40)

32

(8)

Other Impact of transactions with members

(319)

219

(100)

(23)

(123)

Foreign exchange adjustments

33

33

33

Available-for-sale assets

2,500 (1,517)

2,500 (1,517)

7 2,507

Shadow accounting

(6)

(1,524)

Deferred taxes

(1)

(219)

(221)

(221)

Actuarial gains (losses) of post-employment benefits

4

4

4

Other

(1)

(1)

(2)

Net income for fiscal year

104

104

1

105

Total income (expenses) recognised over the period Total changes over the period GROUP'S EQUITY AT 31.12.2019 Allocation of 2019 income (loss)

104

1

763 763

33 33

902 802

2

903

(215)

220

(21)

780

3,618

104 1,100

(14)

1,773

(505)

6,076

30 6,106

(104)

104 (62)

Dividends (1)

(62)

(1) 28

(63)

Change in capital

28

Business combinations

5

5

Other Impact of transactions with members

(104)

42

(62) (58) 879

32

(30)

Foreign exchange adjustments

(58)

(58)

Available-for-sale assets

879

4

883

Shadow accounting

(391) (138)

(391) (136)

(5)

(396) (136)

Deferred taxes

2

1

Actuarial gains (losses) of post-employment benefits

(5)

(5)

(5)

Other

5

5

5

Net income for fiscal year

49

49

1

50

Total income (expenses) recognised over the period Total changes over the period GROUP'S EQUITY AT 31.12.2020

49

1

350 350

(58) (58)

342 280

1

343 313

(55)

43

33

3,618

49 1,100

29 2,122

(562)

6,356

63 6,419

These being dividends that impact the change in Group's equity (Group share),they are treated in particular as compensationsfuobr ordinated instruments classified as (1) Group's equity according to IFRS rules.

150

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES