Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

Financial investments (excluding unit-linked items) Note 6

31.12.2021

31.12.2020

Net value

Net value

(in millions of euros)

Assets valued at fair value

74,143

76,866

Assets valued at amortised cost

1,350

1,563

TOTAL FINANCIAL INVESTMENTS EXCLUDING UNIT-LINKED ITEMS

75,493

78,429

Bond repurchase agreements generated €3,917 million versus €4,500 million at 31 December 2020. The cash from these repurchase agreements is invested in specific funds held directly.

6.1

Investments valued at fair value by operating segment

31.12.2021

Gross unrealised capital gains (losses)

Net amortised cost

Fair value (1)

Interna

Interna

Interna

France

tional

Total

France

tional

Total

France

tional

Total

(in millions of euros)

Available-for-sale assets Equities and other variable-income investments

3,361

279 3,640 4,839

369 5,207 1,477

90 1,567

Bonds and other fixed-income investments 47,941 4,850 52,791 53,635 5,138 58,773 5,694

287 5,982

Other investments Total available-for-sale assets Trading assets Equities and other variable-income investments classified as “trading”

51,302 5,129 56,432 58,474 5,507 63,980 7,172

377 7,549

27

27

27

27

Equities and other variable-income investments classified as “held for trading” Bonds and other fixed-income investments classified as “trading” Bonds and other fixed-income investments classified as “held for trading” Cash mutual funds classified as “held for trading” Other investments classified as “trading” Other investments classified as “held for trading” Total trading assets TOTAL INVESTMENTS VALUED AT FAIR VALUE Cash mutual funds classified as “trading”

1,116

31 1,147 1,116

31 1,147

13

14

13

14

2,752

88 2,839 2,752

88 2,839

3,597

12 3,609 3,597

12 3,609

2,277

249 2,526 2,277

249 2,526

9,782

381 10,163 9,782

381 10,163

61,084 5,510 66,594 68,256 5,887 74,143 7,172

377 7,549

For investments valued at fair value, the net value on the balance sheet corresponds to the fair value. (1)

181 Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES