Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

7.1.3

STATEMENT OF NET INCOME AND GAINS (LOSSES) RECOGNISED

DIRECTLY IN GROUP'S EQUITY

31.12.2021

31.12.2020

Non-controlling interests

Non-controlling interests

Group share

Total

Group share

Total

(in millions of euros)

Net income for fiscal year

493

1

494

177

1

178

Gains and losses recognised directly in Group's equity Items recyclable to income Change in foreign exchange adjustments Change in gross unrealised capital gains and losses on available-for-sale assets

(17)

(17)

(58)

(58)

(2,011)

(3)

(2,014)

900

3

903

Revaluation of hedging derivatives Change in shadow accounting

1,338

3

1,341

(391)

(5)

(396)

Change in deferred taxes

201

201

(130)

1

(129)

Other changes

(2)

(2)

1

1

Items not recyclable to income Restatement of net actuarial debt from pension commitments (defined-benefit schemes)

11

11

(4)

(4)

Change in deferred taxes

(3)

(3)

1

1

Other changes Total gains (losses) recognised directly in Group's equity NET INCOME AND GAINS (LOSSES) RECOGNISED IN GROUP'S EQUITY

(483)

0

(483)

319

(1)

318

9

2

11

496

(1)

496

The statement of net income and gains (losses) recognised directly available-for-sale assets, minus deferred profit sharing and deferred in Group's equity, an integral part of the financial statements, taxes, the change in the reserve for unrealised foreign exchange includes, in addition to the net income for the year, the change in adjustments, and the actuarial gains (losses) on post-employment the reserve for gross unrealised capital gains (losses) on benefits.

149

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES