NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

Gains/(losses) recorded directly in equity

Recyclable

Non-recyclable

Revaluation of own credit risk on financial liabilities designated at fair value through profit or loss (c)

Revaluation of equity

Revaluation of debt instruments at FV through OCI recyclable to income

instruments at fair value through other comprehensive income

Revaluation adjustments on defined- benefit plan commitments

Total consolidated equity

Non- controlling interests

Available- for-sale assets

Net income (Group share)

Shareholders' equity (Group share)

Hedging derivatives

Translation adjustments

950

629

(255)

(62)

(111)

0

19,836

1,296

21,131

0

0

(26)

(26)

10

10

(1,098) (1,113)

(79) (79)

(1,176) (1,191)

0

0

0

0

0

5

621 (94)

621 (94)

(645)

(13)

108

(137)

(688)

(28)

(715)

4

0

0

(11)

(11)

(11)

1,669

1,669 (345)

192

1,861 (535)

(22)

21

(0)

(190)

(80)

0

(80)

282

637

(148)

(196)

(123)

1,669

19,795

1,192

20,987

(1,669)

0

0

282

637

0

(148)

0

(196)

(123)

0

19,795

1,192

20,987

(107)

26 26

(14) (14)

(128)

(4)

(132)

282

530

(148)

(196)

(123)

0

19,667

1,188

20,855

60 (6) 17

60 (6) 17

(1,160) (1,090)

(169) (169)

(1,329) (1,259)

0

0

0

0

0

0

0

0

(254)

(254)

(97) 318

(97) 301

223

(169)

(43)

43

(10)

275

(17)

4

0

0

4

0

0

23

23

1

24

1,577

1,577 (177)

304 (14) (14)

1,880 (191)

(53)

2

(0)

(3)

(51)

(65)

452 21 195 In 2017, other reclassifications included -€87 million relating to the elimination of capital gains on reclassification following the (e) redemption of a line of perpetual deeply subordinated notes. At December 31, 2018, shareholders' equity Group share included the following: (f) - the impact of the recognition of new put options granted to minority shareholders relating to acquisitions, for -€49.5 million. These put options concern the M&A business line, with the acquisitions of Vermilion (-€14.1 million) and Fenchurch (-€26.8 million), and the payments business line, with the acquisition of Alter CE (-€8.6 million); - the impact of existing put options granted to minority shareholders at the start of the year, for -€68.9 million. This impact was partly due to the change in the fair value of these put options for -€63.6 million, generated by the revaluation of financial debt for -€32.3 million, and for -€31.3 million by the effects of the unwinding of the discount on this financial debt, and partly due to the transfer of the change in the share of the net minority position of the entities representing these put options, for -€5.3 million; - the effect of changes in the percentage of ownership without a loss of control of consolidated entities, for -€5.8 million. This mainly concerned the increase in the percentage of ownership of the consolidated entity Caspian PE (from 55% to 72%), for €3.4 million, and the fall in the percentage of ownership of the consolidated entity Ossiam (from 83% to 75%), for -€1.1 million; - the recognition of goodwill from BPCE IE directly in equity, in accordance with the accounting treatment of the acquisitions of jointly-controlled entities, for -€1 million; - the effects of translation adjustment recycling for -€56.5 million following the repayment by the Singapore, New York and Asia Ltd branches of part of their capital in order to reduce the Group’s global exposure to USD/EUR and HKD/EUR foreign exchange risk. At December 31, 2018, other reclassifications included -€43.2 million related to the elimination of capital gains on reclassification (g) following the redemption of two lines of perpetual deeply subordinated notes issued in 2008. The impact of the first-time application of IFRS 9 on the opening balance sheet at January 1, 2018 is presented in detail in Note 1. (h) 363 (18) (105) (25) 83 (100) 1 577 19 916 1 279

247

Natixis Registration Document 2018