NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

31/12/2018

31/12/2017

Earnings/(loss) per share Net earnings/(loss) Group share (in millions of euros)

1,577 1,480

1,669 1,575

Net earnings/(loss) attributable to shareholders (in millions of euros) (a) Average number of ordinary shares outstanding over the period Average number of treasury shares outstanding over the period Average number of shares used to calculate earnings/(loss) per share

3,144,191,001

3,137,311,715

2,256,353

1,320,310

3,141,934,648

3,135,991,405

EARNINGS/(LOSS) PER SHARE (IN EUROS) Diluted earnings/(loss) per share Net earnings/(loss) Group share (in millions of euros)

0.47

0.50

1,577 1,480

1,669 1,575

Net earnings/(loss) attributable to shareholders (in millions of euros) (a) Average number of ordinary shares outstanding over the period Average number of treasury shares outstanding over the period Number of potential dilutive shares resulting from stock option plans and free share awards (b) Average number of shares used to calculate diluted earnings/(loss) per share

3,144,191,001

3,137,311,715

2,256,353

1,320,310

8,450,160

6,080,983

3,150,384,808

3,142,072,388

DILUTED EARNINGS/(LOSS) PER SHARE (IN EUROS) 0.50 The difference between net income (Group share) and net income/(loss) attributable to shareholders corresponds to the interest generated on (a) deeply subordinated notes and on preference shares, i.e. -€96.5 million at December 31, 2018 and -€94 million at December 31, 2017. This number of shares refers to the shares granted under the 2016, 2017 and 2018 free performance share plans (PAGA), the 2016, 2017 and (b) 2018 Long-Term Incentive Plans (LTIP) and the 2018 Payment Business Line Plan (PMP). 0.47

NOTES TO THE INCOME STATEMENT

NOTE 7

Financial assets and liabilities valued at amortized cost give rise to the recognition of interest calculated using the effective interest rate method. This line item also includes interest on hedging derivatives. Interest income also consists of interest on non-SPPI debt instruments not held under a trading model (classified by default as instruments at fair value through profit or loss).

Unless otherwise specified, profit and loss items are not comparable due to IFRS9 application and reclassification of profits and losses from the assurances entities in a specific line. Interest margin 7.1 “Interest and similar income” and “Interest and similar expenses” comprise interest on fixed-income securities recognized as “Financial assets at fair value through other comprehensive income” and “amortized cost”, and interest on loans and receivables to and from banks and customers.

31/12/2018

Income

Expense

Net

(in millions of euros)

Financial assets and liabilities at amortized cost

3,463

(2,256)

1,207

Central banks

342

(136)

206

Interest on securities

76

(72)

4

Receivables, loans and borrowings

3,045

(1,395) (1,003)

1,650 (747) 2,060

Banks

256

Customers

2,452

(392)

Finance leases

337

337

Debt securities and subordinated debt Financial assets at fair value through equity

(653)

(653)

97 96

97 96

Interest on securities Loans and receivables

0

0

Financial instruments to be valued at fair value through profit or loss

81 61 20

81 61 20

Loans and receivables Interest on securities Hedging derivatives

414

(602)

(188)

TOTAL

4,054

(2,859)

1,196

296

Natixis Registration Document 2018