Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Combined financial statements and notes

Liabilities ı

31.12.2022

31.12.2021

(in millions of euros)

Equity or equivalent funds

669

670

Revaluation reserves

Note 23

(1,141)

2,178

Perpetual subordinated debts categorised as Group’s IFRS equity

871

1,099

Other reserves

7,172

6,798

Foreign exchange adjustments

(524)

(579)

Combined income

454

493

Group’s IFRS equity

7,502

10,659

Non ‑ controlling interests Total Group’s IFRS equity

10

14

7,511

10,672

Reserves for contingencies and charges

Note 24

487

580

Financing debts

Note 26

2,135

2,134

Underwriting liabilities relating to insurance policies

Note 27

64,415

64,815

Underwriting liabilities relating to financial contracts

Note 28

11,032

11,888

Deferred profit ‑ sharing liabilities

Note 15

5

4,804

Resources from banking sector businesses

Note 10

14

10

Deferred tax liabilities

Note 16

4

519

Debts to unit holders of consolidated mutual funds

93

123

Operating debts to banking sector companies

Note 22

13

202

Debts arising from insurance or inward reinsurance operations

Note 30

915

1,115

Debts arising from outward reinsurance operations

Note 31

511

433

Current taxes payable and other tax liabilities

Note 32

168

199

Derivative liabilities

Note 9

624

544

IFRS 16 lease liabilities

Note 33

300

298

Other liabilities

Note 34

6,204

6,136

Other liabilities

8,832

9,567

Liabilities of business activities due to be sold or discontinued

Note 3

289

TOTAL

94,721

104,469

173

Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES