NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

RECONCILIATION TABLE FOR LOANS AND RECEIVABLES DUE FROM BANKS AT AMORTIZED COST R

Loans and receivables due from banks at amortized cost at 31/12/2018

Unimpaired assets for which expected credit losses are measured on a lifetime basis (S2 bucket)

Unimpaired assets for which expected credit losses are measured over 12 months (S1 bucket)

Assets impaired after their origination/acquisition (S3 bucket)

Assets impaired on origination/acquisition

Total

Value adjustment for credit losses

Value adjustment for credit losses

Value adjustment for credit losses

Value adjustment for credit losses

Gross carrying amount

Gross carrying amount

Gross carrying amount

Gross carrying amount

Gross carrying amount

Value adjustment for credit losses

(in millions of euros)

BALANCE AT 01/01/2018

38,740

(0)

1,014

(3)

63

(61)

0

0

39,818

(64)

New originated or acquired contracts

12,296

(0)

64

(0)

12,360

(0)

Changes in contractual cash flows not giving rise to derecognition Variations linked to changes in credit risk parameters (excluding transfers)

(2,745)

1

(52)

(0)

5

(4)

(2,792)

(4)

Financial asset transfers

72

(1)

(72)

1

0

0

0

0

Transfers to S1

79

(1)

(79)

1

0

0

Transfers to S2

(7)

7

0

0

Transfers to S3 Transfer to non-current assets held for sale (b) Contracts fully repaid or sold during the period

(415)

(415)

(22,441)

0

(376)

1

(9)

7

(22,827)

8

Impairment in value (write-off)

(11)

11

(11)

11

Variations linked to changes in exchange rates

299

(0)

16

(0)

1

(2)

316

(2)

Changes in the model used Other changes

(0)

0

0

0

BALANCE AT 31/12/2018 (a)

25,806

0

594

(2)

49

(48)

0

0

26,449

(50)

Gross carrying amount excluding insurance company contributions, in the amount of €887 million at December 31, 2018. (a) Corresponds to the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (see Notes 3.6 and 6.9). (b)

8.6.2

Loans and receivables due from customers

31/12/2018

01/01/2018

Impaired financial assets (b)

Impaired financial assets (b)

Unimpaired financial assets (a)

Unimpaired financial assets (a)

Total 3,144 3,498

Total (c)

(in millions of euros)

Reverse repurchase agreements Current accounts overdrawn

3,144 3,469

0

4,024 3,796

0

4,024 3,836

29

40

Finance leases

33

7 0

40

10,875

609 403

11,484

Factoring

2,510

2,510

7,850

8,253

Other

58,866

2,351

61,217

55,514

3,325

58,839

Security deposits paid

109

0

109

0

0

0

Value adjustments for credit losses

(125)

(1,114)

(1,239)

(329)

(1,594)

(1,923)

TOTAL 84,512 Corresponds to unimpaired financial assets for which value adjustments are calculated based on 12-month expected credit losses (Stage 1) or (a) lifetime expected credit losses (Stage 2). Impaired financial assets (Stage 3) are assets for which a default event has been identified as defined in Article 178 of the EU regulation of (b) June 26, 2013 on regulatory requirements for credit institutions. Of which €20,194 million at January 1, 2018 for the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (c) (see Notes 3.6 and 6.9). 68,006 1,273 69,279 81,730 2,782

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Natixis Registration Document 2018