Groupama // Universal Registration Document 2022

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FINANCIAL STATEMENTS Annual financial statements and notes

3.3.10 Accruals – Liabilities Accrual accounts on the liabilities side correspond mainly to the amortisation of differences on bond redemption prices. for disposal transactions: ❯ advances or loans with outward reinsurers, ■ accrued expenses related to inward transactions from these outward reinsurers; ■ for the other payables: ❯ advances or loans of a financial and operational nature with various other entities, ■ bank overdrafts, ■ taxes and social security owed. ■

These two items are recorded in the financial statements pursuant to the provisions of notice 2005 ‑ G dated 12 October 2005 of the Emergency Committee of the Conseil National de la Comptabilité.

3.3.9 Debts Payables mainly consist of:

for direct insurance operations (these concern non ‑ life insurance operations in co ‑ insurance and co ‑ reinsurance groupings and the operations of the regional mutual of Antilles Guyane not having administrative authorisation to carry out insurance operations): ❯ policyholders’ credit accounts, ■ commissions on premiums earned but not written, ■ advances or loans from co ‑ insurers; ■ for inward reinsurance operations: ❯ advances or loans with the ceding offices, ■ accrued expenses related to inward transactions from these ceding entities; ■

3.4 Change in accounting method No change in accounting method was noted during this fiscal year.

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Universal Registration Document 2022 - GROUPAMA ASSURANCES MUTUELLES