GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Consolidated financial statements and notes

31.12.2019

Total

AAA

AA

A

BBB < BBB Not rated

(in millions of euros)

915 137

7 438 1,496

Share of reinsurers in non-life insurance reserves

Share of reinsurers in life insurance reserves

11

13

43

67

Share of reinsurers in reserves for financial contracts with discretionary profit sharing Share of reinsurers in reserves for financial contracts without discretionary profit sharing Receivables from outward reinsurance operations

55

35

92 182

TOTAL

981 185

7 573 1,746

to the regional mutuals under the Internal Reinsuranceagreement. The breakdown is as follows: €371 million in share of reinsurersin non-life insurance reserves; ❯ €2 million in receivables from outward reinsurance operations. ❯

The total share of unrated reinsurers equates in the main to outward reinsurance to professional reinsurance pools, especially ASSURPOL, ASSURATOME, GAREAT, and Réunion Aérienne, which are not subject to any rating. A share of €372 million (€353 million for fiscal year 2019) is also represented by the Groupama Assurances Mutuelles retrocession

Current tax receivables and other tax receivables Note 18

18.1

Current tax receivables and other tax receivables – by maturity

31.12.2020

31.12.2019

Total

< 1 year 1 to 5 years > 5 years

Total

< 1 year 1 to 5 years > 5 years

(in millions of euros)

Tax claims

99

99

37

37

Other receivables from state and local authorities

219

219

202

202

TOTAL

318

318

239

239

Current tax receivables and other tax receivables – by operating segment 18.2

31.12.2020

31.12.2019

France

International

Total

France

International

Total

(in millions of euros)

Tax claims

64

35

99

10

27

37

Other receivables from state and local authorities

93

127

219

77

124

202

TOTAL

157

161

318

88

151

239

203

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES