Groupama // 2021 Universal Registration Document

7 FINANCIAL STATEMENTS Annual financial statements and notes

7.3.6

NOTES TO THE ANNUAL FINANCIAL STATEMENTS

SUMMARY Significant events of the year 1

274

Post-balance sheet events 2

274

Accounting principles, rules and methods 3

274

Notes on the annual financial statements 4

281

Intangible assets Note 4

Commitments received and given Note 16

281

295

Investments Note 5

Operating income statement by source Note 17

281

296

Share of outward reinsurance and Note 6

Investment income and expenses Note 18

297

retrocessionaires in underwriting reserves 287

Other non-underwriting income and Note 19 expenses

Receivables Note 7

287

297

Accruals – Assets Note 8

Extraordinary income and expenses Note 20

288

297

Changes in shareholders’ equity Note 9

Income tax Note 21

288

298

Subordinated liabilities Note 10

Breakdown of employee expenses Note 22

288

298

Underwriting reserves of non-life insurance Note 11

Workforce Note 23

289

299

Reserves (other than underwriting) Note 12

Directors’ compensation Note 24

291

299

Liabilities Note 13

Subsidiaries and equity interests Note 25

291

299

Accruals – Liabilities Note 14

Information concerning subsidiaries and Note 26 equity interests

292

300

Assets and liabilities concerning related Note 15 companies and equity-linked companies

Consolidation Note 27

293

300

273

Universal Registration Document 2021 - GROUPAMA ASSURANCES MUTUELLES