NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

Impact of change

Balance Sheet under IAS 39 as at December 31, 2017*

IFRS 9 reclassifi- cations and

Balance sheet under IFRS 9 at January 1, 2018

Value adjustment for credit losses (c)

Other reclassi- fications (b)

IAS 39 classification (in millions of euros)

restate- ments (a)

IFRS 9 classification

Valuation

Non-current assets held for sale

Non-current assets held for sale

738

738

Investments in associates

Investments in associates

734

(1)

732

Investment property Property, plant and equipment

1,073

(949)

124 Investment property

Property, plant and equipment

758 732

758

Intangible assets

732 Intangible assets

Goodwill

3,601

3,601 Goodwill

TOTAL

519,987

4

(0)

(1)

11

520,000

LIABILITIES

LIABILITIES

Financial liabilities designated at fair value through profit or loss Due to banks and similar items Amounts due to customers Revaluation adjustment on portfolios hedged against interest rate risk

Financial liabilities designated at fair value through profit or loss Hedging derivatives

144,885

63,620

12,816

221,321

710

710 Hedging derivatives

Amounts due to banks

104,318

(9,827)

94,491

Amounts due to customers

94,571 32,574

(53,783)

49

40,837

Debt securities

32,574 Debt securities

Revaluation adjustment on portfolios hedged against interest rate risk

138 532

138

Current tax liabilities

532 Current tax liabilities

Deferred tax liabilities

Deferred tax liabilities

620

(4)

616

Accrual accounts and other liabilities Liabilities on assets held for sale

Accrual accounts and other liabilities Liabilities on assets held for sale Liabilities related to insurance policies

37,936

(22,771)

15,165

698

698

Insurance companies' technical reserves

76,601

9,906

86,507

Provisions

1,742 3,674

140

1,882 Provisions

Subordinated debt

3,674 Subordinated debt

Shareholders' equity Group share

Shareholders' equity Group share

19,795

(2)

(1)

(125)

19,667

Non-controlling interests

Non-controlling interests

1,192

(4)

1,188

TOTAL

519,987

4

(0)

(1)

11

520,000

Figures reported at December 31, 2017. * A breakdown of the reclassifications is provided in Note 1.2.2. (a)

Other reclassifications mainly correspond to changes in the balance sheet presentation of insurance activities and guarantee deposits in (b) accordance with ANC recommendation 2017-02, and the impact of the first-time application of IFRS 15 corresponding to the reclassification of

commodity stocks on the balance sheet. These reclassifications had no impact on Natixis’ opening equity. A breakdown of the impact of the first-time application of the new impairment model is provided in Note 1.2.2. (c)

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Natixis Registration Document 2018