NATIXIS - 2018 Registration document and annual financial report

4 OVERVIEW OF THE FISCAL YEAR Management report at December 31, 2018

Provision for credit losses 4.2.2.6 In accordance with IFRS 9 as applied on January 1, 2018, the provision for credit losses was -€215 million at December 31, 2018, of which -€333 million were in respect of non-performing loans and +€118 million in respect of performing loans. At December 31, 2017, the provision for credit losses totaled -€258 million (under IAS 39).

TOTAL PROVISION FOR CREDIT LOSSES BY DIVISION R

2018

2017

(in millions of euros)

Asset & Wealth Management Corporate & Investment Banking

(1)

0

(175)

(115)

Insurance

0

0

Specialized Financial Services

(23)

(72)

Coface

(1)

(6)

Corporate Center

(15)

(65)

TOTAL PROVISION FOR CREDIT LOSSES

(215)

(258)

TOTAL PROVISION FOR CREDIT LOSSES BY GEOGRAPHIC AREA R

2018

2017

(in millions of euros)

EMEA

(129)

(257)

Central and Latin America

(5)

(19)

North America Asia and Oceania

(90)

29

9

(11)

TOTAL PROVISION FOR CREDIT LOSSES

(215)

(258)

232

Natixis Registration Document 2018