Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Combined financial statements and notes

Bond portfolio – by maturity 6.8.2 The profile of the annual maturities of the bond portfolios, including consolidated mutual funds, is as follows:

31.12.2021

31.12.2020

< 1 year 1 to 5 years

> 5 years

Total

< 1 year 1 to 5 years

> 5 years

Total

(in millions of euros)

Listed bonds Available-for-sale

3,827 18,155

32,347 54,329

3,867 17,959

34,503 56,329

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

143

105

343

591

224

347

427

998

Total listed bonds

3,971 18,260

32,690 54,921

4,091 18,305

34,930 57,327

Unlisted bonds Available-for-sale

34

10

104

148

40

2

107

149

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

3

1

4

2

14

16

Total unlisted bonds

36

11

104

151

42

17

107

165

TOTAL BOND PORTFOLIO

4,007 18,271

32,794 55,072

4,133 18,322

35,038 57,492

The distribution of the bond portfolio thus shows that the types of investments favoured by the Group are primarily long-term bonds (over 5 years) with fixed rates.

Bond portfolio – by rating 6.8.3

31.12.2021

AAA

AA

A

BBB

Total

(in millions of euros)

Listed bonds Available-for-sale

2,368

24,981

11,598

14,760

415

207

54,329

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

14

3

561

7

7

591

Total listed bonds

2,382

24,984

12,159

14,767

415

214

54,921

Unlisted bonds Available-for-sale

1

5

128

14

148

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

4

4

Total unlisted bonds

1

5

132

14

151

TOTAL BOND PORTFOLIO

2,383

24,984

12,164

14,899

415

228

55,072

189

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES