UNIVERSAL REGISTRATION DOCUMENT 2023

7 FINANCIAL STATEMENTS Annual financial statements and notes

7.3.3 NON ‑ OPERATING INCOME STATEMENT

Net transactions 12/2023

Net transactions 12/2022

(in thousands of euros)

Underwriting income from Non ‑ Life insurance

228,007

(1,863)

Investment income

Note 18

372,016

598,979

Investment income

323,688

300,161

Other investment income

15,727

290,144

Profits on the sale of investments

32,601

8,674

Investment expenses

Note 18

(178,806)

(455,910)

Internal and external investment management costs

(163,373)

(165,766)

Other investment expenses

(15,524)

(6,541)

Losses on the sale of investments

92

(283,602)

Transferred investment proceeds

(111,216)

(83,492)

Other non ‑ underwriting income and expenses

Note 19

(24,686)

(19,245)

Other non ‑ underwriting income Other non ‑ underwriting expenses

168

148

(24,854)

(19,393)

Extraordinary earnings

Note 20

(85,463)

(45,633)

Extraordinary income

32,626

31,305

Extraordinary expenses

(118,089)

(76,937)

Employee profit sharing

0

0

Income tax

Note 21

(35,118)

116,786

NET INCOME FOR FISCAL YEAR

164,734

109,624

320

Universal Registration Document 2023 GROUPAMA ASSURANCES MUTUELLES