UNIVERSAL REGISTRATION DOCUMENT 2023

7 FINANCIAL STATEMENTS Combined financial statements and notes

Liabilities ı

31.12.2023

31.12.2022

01.01.2022

(in millions of euros)

Equity or equivalent funds

669

669

670

Revaluation reserves

930

521

755

Perpetual subordinated debts categorised as shareholders’ equity

871

871

1,099

Other reserves

7,225

7,230

7,321

Foreign exchange adjustments

(342)

(522)

(579)

Combined income

510

13

Group's IFRS equity (Group share)

9,862

8,783

9,265

Non ‑ controlling interests Total Group's IFRS equity

11

9

9

Note 15

9,873

8,792

9,274

Reserves for contingencies and charges

Note 16

574

488

581

Financing debts

Note 18

2,138

2,135

2,134

Insurance contract liabilities

Note 19

70,832

67,905

79,992

Reinsurance contract liabilities

Note 20

2

1

Financial contract liabilities

998

909

1,146

Deferred tax liabilities

Note 12

214

157

413

Debts to unit holders of consolidated mutual funds

643

93

123

Operating debts to banking sector companies

162

14

202

Current taxes payable and other tax liabilities

Note 23

167

74

104

Derivative liabilities

Note 9

299

628

546

IFRS 16 lease liabilities

Note 24

259

302

298

Other liabilities

Note 25

5,786

4,542

4,716

Other liabilities

8,529

6,717

7,547

Liabilities of business activities due to be sold or discontinued

0

277

0

TOTAL

91,948

86,316

99,528

The figures presented for 31 December 2022 are pro forma .

205

Document d’Enregistrement Universel 2023 GROUPAMA ASSURANCES MUTUELLES