NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

Reclassification of the insurance activities’ financial assets to (l) “Insurance activity investments” in accordance with the ANC recommendation.

Note that financial assets classified as “Financial assets at fair value through profit or loss” at January 1, 2019 because they do not meet the SPPI criteria mainly consist of mutual fund units and loans and receivables with an equity-indexing component.

01/01/2018

Carrying value under IAS 39

Carrying value under IFRS 9

Financial assets under IAS 39

Classification under IFRS 9

Financial liabilities designated at fair value through profit or loss Of which fair value through profit or loss of instruments held for trading

144,885

221,321

85,937

Derivative instruments

Liabilities related to insurance policies

183

59,783

Financial liabilities designated at fair value through profit or loss Financial liabilities designated at fair value through profit or loss Financial liabilities designated at fair value through profit or loss Financial liabilities designated at fair value through profit or loss Financial liabilities designated at fair value through profit or loss (a) Financial liabilities designated at fair value through profit or loss

59,600

Securities

26,096

26,096

Other liabilities

57

57

5

Of which measured using the fair value option

58,949

Securities

20,535

20,535

Repurchase agreements

34,974

34,974

Other liabilities

3,440

3,440

Due to banks and customer deposits

198,889 125,579

Deposits and loans

Deposits and loans

125,579

Repurchase agreements

Due to banks and customer deposits

9,700

73,310

Financial liabilities designated at fair value through profit or loss (b)

63,620

Accrual accounts and other liabilities

Accrual accounts and other liabilities

15,165

Financial liabilities designated at fair value through profit or loss

12,999

37,936

Liabilities related to insurance policies Deposits and loans due to customers Liabilities related to insurance policies

9,724

49

Insurance companies' technical reserves

76,601

76,601

Hedging derivatives

710

710

Debt securities

32,574

32,574

Revaluation adjustment on portfolios hedged against interest rate risk

138 532 620 698

138 532 616 698

Current tax liabilities Deferred tax liabilities

Liabilities on assets held for sale

Provisions

1,742 3,674

1,882 3,674

Subordinated debt

Shareholders' equity Group share

19,795

19,667

Non-controlling interests

1,192

1,188

TOTAL 520,000 Securities sold under repurchase agreements classified as “Financial liabilities under the fair value option” under IAS 39 and managed under a (a) trading business model were classified as “Financial liabilities at fair value through profit or loss” under IFRS 9, for €34,974 million. Securities sold under repurchase agreements classified as “Due to banks and customer deposits” under IAS 39 and managed under a trading (b) business model were recognized as “Financial liabilities at fair value through profit or loss” under IFRS 9, for €63,619 million. 519,987

257

Natixis Registration Document 2018