GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Annual financial statements and notes

NOTES TO THE ANNUAL FINANCIAL STATEMENTS

7.3.6

SUMMARY Significant events of the year 1

278

Post-balance sheet events 2

279

Accounting principles, rules and methods 3

279

Notes on the annual financial statements 4

286

Intangible assets Note 4

Commitments received and given Note 16

286

300

Investments Note 5

Operating income statement by source Note 17

286

301

Share of outward reinsurance and Note 6 retrocessionaires in technical reserves

Investment income and expenses Note 18

301

291

Other non-technical income and expenses Note 19

302

Receivables Note 7

292

Extraordinary income and expenses Note 20

302

Accruals – Assets Note 8

292

Income tax Note 21

302

Changes in shareholders’ equity Note 9

293

Breakdown of employee expenses Note 22

303

Subordinated liabilities Note 10

293

Workforce Note 23

303

Technical reserves of non-life insurance Note 11

294

Directors’ compensation Note 24

303

Reserves (other than underwriting) Note 12

296

Subsidiaries and equity interests Note 25

304

Liabilities Note 13

296

Information concerning subsidiaries Note 26 and equity interests

Accruals – Liabilities Note 14

297

304

Assets and liabilities concerning related Note 15 companies and equity-linked companies

Consolidation Note 27

304

298

277

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES