Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

6.7

Breakdown of unlisted investments

31.12.2021

31.12.2020

(in millions of euros)

Equities at fair value

1,075

633

Bonds and other fixed-income securities at fair value

151

165

Other investments at fair value Loans at amortised cost

135

135

Other investments at amortised cost

1,215

1,428

TOTAL UNLISTED INVESTMENTS

2,577

2,361

At 31 December 2021, total long-term reserves for listed investments measured at fair value were €100 million, compared with €98 million at 31 December 2020.

Breakdown of the bond portfolio 6.8 The presentations below pertain to only bond investments held directly or through consolidated mutual funds and do not take into account other investments with similar features (bond mutual funds, rate mutual funds, bond funds, etc.).

Bond portfolio – by rate 6.8.1 The table below shows the Group’s exposure to interest rate risks at the close of each fiscal year.

31.12.2021

31.12.2020

Fixed rate

Variable rate

Total

Fixed rate

Variable rate

Total

(in millions of euros)

Listed bonds Available-for-sale

52,670

1,659

54,329

55,086

1,242

56,329

Classified as “trading” Classified as “held for trading”

334

258

591

759

240

998

Total listed bonds

53,004

1,917

54,921

55,845

1,482

57,327

Unlisted bonds Available-for-sale

142

5

148

144

5

149

Classified as “trading” Classified as “held for trading”

4

4

5

11

16

Total unlisted bonds

146

5

151

149

16

165

TOTAL BOND PORTFOLIO

53,150

1,923

55,072

55,994

1,499

57,492

188

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES