NATIXIS - 2018 Registration document and annual financial report

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

Appendix to 4.2.2 – Consolidated Results 1 – MANAGEMENT RESULTS RECLASSIFIED AS CONSOLIDATED RESULTS IN 2018 R

2018

Non-recurring items

2018

Investor Relations

Corporate Center

AWM

CIB Insurance

SFS

Published

(in millions of euros)

Net revenues

9,500

0

68

0

0

48

9,616

Expenses

(6,731)

(20) ( 20)

(14)

(2) ( 2)

(8) ( 8)

(48)

(6,823)

4

Gross operating income Provision for credit losses Net operating income

2,769 (143) 2,626

54

0

2,793 (215) 2,578

(71) ( 17)

( 20)

( 2)

( 8)

0

Associates

29 54

29 54

Gains or losses on other assets Change in value of goodwill

0

0

0

( 20)

( 17)

( 2)

( 8)

Pre-tax profit

2,709 (797) (305) 1,607 70.9%

0 2 1 3

2,661 (781) (304) 1,577 71.0%

Taxes

6

5

1

3

Non-controlling interests Net income (Group share)

( 14)

( 12)

( 1)

( 6)

Cost/income ratio

2 – MANAGEMENT RESULTS RECLASSIFIED AS CONSOLIDATED RESULTS IN 2017 R

2017

Non-recurring items

2017

Investor Relations

Corporate Center

AWM

CIB Insurance

SFS

Published

(in millions of euros)

Net revenues

9,497

0

0

0

0

(30) (57) (86)

9,467

Expenses

(6,540)

(2) (2)

(3) (3)

(23) (23)

(8) (8)

(6,632)

Gross operating income Provision for credit losses Net operating income

2,957 (258) 2,699

2,835 (258) 2,577

(2)

(3)

(23)

(8)

(86)

Associates

26 30

26 48

Gains or losses on other assets Change in value of goodwill

18

0 0

0

0

Pre-tax profit

2,755 (848) (192) 1,715

(2)

15

(23)

(8)

(86)

2,651 (789) (192) 1,669

Taxes

1

1

7

3

47

Non-controlling interests Net income (Group share)

0

(1)

16

(16)

(5)

(39)

Cost/income ratio

68.90%

70.10%

233

Natixis Registration Document 2018