UNIVERSAL REGISTRATION DOCUMENT 2023

7 FINANCIAL STATEMENTS Combined financial statements and notes

Note 31 Other ordinary income and expenses

(in millions of euros)

31.12.2023

31.12.2022

Ordinary operating income

378

451

Ordinary operating expenses

(906)

(956)

TOTAL

(528)

(504)

The figures presented for 31 December 2022 are pro forma .

Note 32 Operating expenses

32.1 Operating expenses – details (in millions of euros)

31.12.2023

31.12.2022

Attributable expenses

(3,759) (1,980)

(3,448) (1,795)

Of which acquisition expenses

Other

(5)

(4)

Non ‑ attributable expenses

(979)

(921)

The figures presented for 31 December 2022 are pro forma .

32.2 Operating expenses by type

31.12.2023

31.12.2022

Not attributable

Total Insurance

Other businesses

Not attributable

Total Insurance

Other businesses

(in millions of euros)

Attributable

Total Attributable

Total

External expenses

(566)

(121)

(686)

(398)

(1,084)

(520)

(154)

(674)

(363)

(1,038)

Taxes other than income taxes

(222)

(21)

(244)

(37)

(281)

(258)

(20)

(278)

(36)

(314)

Personnel expenses

(1,534)

(178)

(1,712)

(280)

(1,993)

(1,448)

(164)

(1,612)

(271)

(1,883)

Commissions

(1,305)

(12)

(1,317)

(45)

(1,362)

(1,148)

(2)

(1,151)

(45)

(1,196)

Allocations to amortisation, depreciation, and provisions (net of write ‑ backs) Other expenses net of income

(138)

(21)

(158)

(40)

(198)

(67)

(41)

(108)

(32)

(140)

1

(64)

(64)

239

175

(11)

(35)

(46)

243

196

TOTAL

(3,764)

(417)

(4,181)

(562)

(4,742)

(3,452)

(417)

(3,869)

(504)

(4,373)

The figures presented for 31 December 2022 are pro forma .

32.3 Breakdown of personnel expenses (in millions of euros)

31.12.2023

31.12.2022

Salaries

(1,149)

(1,080)

Social security expenses Post ‑ employment benefits

(453)

(427)

Defined contribution plans

(134)

(122)

Defined benefit plans

(10)

(10)

Anniversary days and employee awards

(3)

(3)

Other personnel benefits

(244)

(241)

PERSONNEL EXPENSES

(1,993)

(1,883)

Compensation paid to the Groupama Assurances Mutuelles executive bodies during the 2023 fiscal year totalled €7.5 million. The supplementary pension contract commitments from which they benefit are included in a contract under L137 ‑ 11 ‑ 2. A €6.89 million expense was placed in reserves in the accounts for the rights relating to fiscal year 2023.

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Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES