Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

6.4

Reserves for impairment of investments

31.12.2021

31.12.2020

Gross

Reserves

Net

Gross

Reserves

Net

(in millions of euros)

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

3,928

(288)

3,640

3,710

(299)

3,411

Bonds and other fixed-income investments

52,820

(29)

52,791

52,288

(24)

52,264

Other investments TOTAL AVAILABLE-FOR-SALE ASSETS

56,749

(317)

56,432

55,998

(323)

55,675

Financial investments valued at amortised cost

1,355

(5)

1,350

1,564

(1)

1,563

FINANCIAL INVESTMENTS VALUED AT AMORTISED COST

1,355

(5)

1,350

1,564

(1)

1,563

Regarding equities, a reserve of €120 million was established for strategic securities, an amount unchanged compared with 31 December 2020. Reserves were determined in accordance with the rules set out in paragraph 3.2.1 of the accounting principles.

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Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES