Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Combined financial statements and notes

Note 6 Operating property

31.12.2022

31.12.2021

Property Right of use SCI units

Total

Property Right of use SCI units

Total

(in millions of euros)

Opening gross value

964

408

64 1,436 1,297

347

62 1,706

Acquisitions

16

53

3

72

20

63

4

87

Change in scope of consolidation

(4)

(4)

Assets capitalised in the year

19

19

40

40

Transfer from/to investment property

(8)

(8)

(322)

(322)

Foreign exchange adjustments

(1)

(1)

(1)

(2)

(3)

Divestments

(36)

(10)

(46)

(69)

(2)

(72)

Other Closing gross value

955

456

56 1,467

964

408

64 1,436

Opening cumulative amortisation

(376)

(122)

(498)

(418)

(82)

(501)

Increase

(22)

(49)

(71)

(24)

(40)

(65)

Change in scope of consolidation

1

1

Transfer from/to investment property

4

4

44

44

Decrease

24

24

22

22

Foreign exchange adjustments

1

1

Closing cumulative amortisation Opening cumulative long ‑ term impairment Long ‑ term impairment recognised Change in scope of consolidation Transfer from/to investment property Long ‑ term impairment write ‑ backs Closing cumulative long ‑ term impairment

(370)

(169)

(539)

(376)

(122)

(498)

(54)

(2)

(56)

(88)

(88)

(1)

(1)

(8)

(2)

(11)

1

1

43

43

3

3

(51)

(2)

(53)

(54)

(2)

(56)

Opening net value

535

286

62

883

790

265

62 1,117

Closing net value

535

287

54

875

535

286

62

883

Closing fair value of operating property

906

287

105 1,297

900

286

113 1,299

UNREALISED CAPITAL GAINS (LOSSES)

371

0

51

422

365

0

51

417

It should be noted that the Group has applied IFRS 16 since 1 January 2019: leases are recognised as an asset as well as a liability for the rent payment obligation.

The changes in scope of consolidation are related to the reclassification of the assets of the Turkish subsidiaries in “Held ‑ for ‑ sale assets and discontinued businesses”.

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Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES

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