GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Annual financial statements and notes

NON-OPERATING INCOME STATEMENT

7.3.3

2020 net transactions

2019 net transactions

(in thousands of euros)

Underwriting income from Non-Life insurance

(52,910)

162,601

Investment income

Note 18

506,091

941,741

Investment income

514,797

863,525

Other investment income

(12,422)

65,157

Profits on the sale of investments

3,716

13,059

Investment expenses

Note 18

(229,885)

(452,096)

Internal and external investment management costs

(143,296)

(232,016)

Other investment expenses

(76,024)

(211,627)

Losses on the sale of investments

(10,565)

(8,453)

Transferred investment proceeds

(158,936)

(279,442)

Other non-technical income and expenses

Note 19

(17,816)

(18,153)

Other non-underwriting income

291

106

Other non-underwriting expenses

(18,107)

(18,258)

Extraordinary result

Note 20

(17,014)

(21,305)

Extraordinary income

82,086

39,789

Extraordinary expenses

(99,100)

(61,094)

Employee profit sharing

0

0

Income tax

Note 21

115,384

(7,645)

NET INCOME FOR FISCAL YEAR

144,913

325,702

274

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES