Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Combined financial statements and notes

Pursuant to Article 19 of Regulation (EU) 2017/1129, the following information has been incorporated into this Universal Registration Document: the combined financial statements of Groupama Assurances Mutuelles for the fiscal year ended 31 December 2021 and the corresponding statutory auditors’ report appear on pages 146 to 261 and 262 to 265, respectively, of Universal Registration Document number D.22 ‑ 0374 filed with the AMF on 28 April 2022; ❯ the consolidated financial statements of Groupama Assurances Mutuelles for the fiscal year ended 31 December 2020 and the corresponding statutory auditors’ report appear on pages 146 to 266 and 267 to 270, respectively, of Universal Registration Document number D.21 ‑ 0345 filed with the AMF on 23 April 2021; ❯

7.1 COMBINED FINANCIAL STATEMENTS AND NOTES

7.1.1 COMBINED BALANCE SHEET

Assets ı

31.12.2022

31.12.2021

(in millions of euros)

Goodwill

Note 2

1,635

1,648

Other intangible assets

Note 4

412

407

Intangible assets

2,047

2,055

Investment property excluding unit ‑ linked items

Note 5

2,203

2,047

Unit ‑ linked investment property

Note 8

85

88

Operating property

Note 6

875

883

Financial investments excluding unit ‑ linked items

Note 7

63,594

75,493

Unit ‑ linked financial investments

Note 8

11,888

13,167

Derivatives and separate embedded derivatives

Note 9

7

39

Insurance business investments

78,652

91,718

Uses of funds for financial sector businesses

Note 10

139

163

Investments in related companies and joint ventures under the equity method Share of outward reinsurers and retrocessionnaires in liabilities relating to insurance and financial contracts

Note 11

178

177

Note 12

2,135

1,494

Other property, plant and equipment

Note 13

305

279

Deferred acquisition costs

Note 14

255

272

Deferred profit ‑ sharing assets

Note 15

1,956

3

Deferred tax assets

Note 16

486

51

Receivables arising from insurance and inward reinsurance operations

Note 17

2,570

2,555

Receivables from outward reinsurance operations

Note 18

171

171

Current tax receivables and other tax receivables

Note 20

327

285

Other receivables

Note 21

3,976

3,686

Other assets

10,046

7,301

Assets held for sale and discontinued business activities

Note 3

281

Cash and cash equivalents

Note 22

1,243

1,561

TOTAL

94,721

104,469

172

Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES