Groupama // Universal Registration Document 2022

7

FINANCIAL STATEMENTS Annual financial statements and notes

7.3.3 NON ‑ OPERATING INCOME STATEMENT

2022 net transactions 2021 net transactions

(in thousands of euros)

Underwriting income from Non ‑ Life insurance

(1,863)

33,313

Investment income

Note 18

598,979

306,022

Investment income

300,161

278,661

Other investment income

290,144

21,172

Profits on the sale of investments

8,674

6,188

Investment expenses

Note 18

(455,910)

(234,336)

Internal and external investment management costs

(165,766)

(166,764)

Other investment expenses

(6,541)

(51,847)

Losses on the sale of investments

(283,602)

(15,725)

Transferred investment proceeds

(83,492)

(41,785)

Other non ‑ underwriting income and expenses

Note 19

(19,245)

(17,293)

Other non ‑ underwriting income Other non ‑ underwriting expenses

148

328

(19,393)

(17,622)

Extraordinary earnings

Note 20

(45,633)

(20,598)

Extraordinary income

31,305

25,049

Extraordinary expenses

(76,937)

(45,646)

Employee profit sharing

0

0

Income tax

Note 21

116,786

63,781

NET INCOME FOR FISCAL YEAR

109,624

89,103

305

Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES