GROUPAMA / 2020 UNIVERSAL REGISTRATION DOCUMENT

7 FINANCIAL STATEMENTS Annual financial statements and notes

Other investments 5.3 These are investments other than those mentioned in 5.1 and 5.2, specifically other shares, bonds and mutual fund units. Statement of movements during the year ı

Amount at 31.12.2019

Inclusions during the year

Removals during the year

Amount at 31.12.2020

Transfers in

Transfers out

(in thousands of euros)

Gross values Fixed-income bonds and mutual funds Variable-income equities and mutual funds

1,587,259

363,769

599,019

1,352,009

22,027

19,621

961

40,687

Cash mutual funds

526,025

1,452,905

1,751,651

227,279

Other

420,506

62,848

278,825

204,529

TOTAL GROSS AMOUNTS

2,555,817

1,899,143

2,630,456

1,824,504

Reserves Fixed-income bonds and mutual funds Variable-income equities and mutual funds

1,147

961

186

Total reserves

1,147

961

186

TOTAL NET AMOUNTS

2,554,670

1,899,143

2,629,495

1,824,318

when the investment has been consistently in a significant ❯ unrealised loss situation in terms of its book value for a period of six consecutive months preceding the close; there are objective indicators of long-term impairment. ❯ A significant unrealised value is assumed when the security has fallen permanently by 20% compared with its cost price over a period of six months.

Inclusions and removals during the year mainly corresponded to transactions involving money-market funds. As noted in Paragraph 3.2.2of Note 3 on accounting principles, long-term impairment is assumed for listed, variable-return securities, particularly: if there was a long-term reserve for an investment item in the ❯ previous close;

288

Universal Registration Document 2020 - GROUPAMA ASSURANCES MUTUELLES