NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

Repurchase agreements

31/12/2018

01/01/2018

Carrying value of associated liabilities

Carrying value of associated liabilities

Carrying value of assets

Carrying value of assets

(in millions of euros)

Financial assets at fair value through profit or loss Financial assets at fair value through equity Available-for-sale financial assets

7,455

6,648

14,215

13,524

4,617

4,614

Held-to-maturity financial assets (a) Loans and receivables at amortized cost TOTAL

63

63

7,455

6,648

18,895

18,201

“Held-to-maturity financial assets” are exclusively recognized by fully-consolidated insurance companies (see Note 9.4.6). (a)

Securities lending

31/12/2018

01/01/2018

Carrying value of assets

Carrying value of assets

(in millions of euros)

Financial assets at fair value through profit or loss

2,071

1,656

Available-for-sale financial assets TOTAL

2,071

1,656

Securitization assets for which the counterparties to the associated debts have recourse only to the transferred assets At December 31, 2018

31/12/2018

Carrying value of associated liabilities

Fair value of transferred assets

Fair value of associated liabilities

Carrying value of assets

Net position

(in millions of euros)

Securitization assets

5,596

4,638

5,596

4,638

958

TOTAL

5,596

4,638

5,596

4,638

958

At December 31, 2017

31/12/2017

Carrying value of associated liabilities

Fair value of transferred assets

Fair value of associated liabilities

Carrying value of assets

Net position

(in millions of euros)

Securitization assets

5,472

4,409

5,472

4,409

1,063

TOTAL

5,472

4,409

5,472

4,409

1,063

At December 31, 2017, €333 million (€349 million at December 31, 2016) in bonds self-underwritten by Natixis and eliminated on consolidation were lent or sold under repurchase agreements.

8.7.3

Financial assets received as security

8.7.2.2 Fully derecognized transferred financial assets for which continuing involvement is maintained The fully derecognized transferred financial assets for which Natixis maintains continuing involvement include transfers of assets to a deconsolidated securitization vehicle in which Natixis has an interest or an obligation, where these latter do not compromise the transfer of virtually all the advantages and risks attached to the transferred assets. At December 31, 2018 (as at December 31, 2017), there is no material impact from continuing involvement in a securitization vehicle maintained by Natixis.

and able to be sold or reused as security This heading covers financial assets received as security under financial guarantee agreements with the right to reuse the assets in the absence of any default on the part of the owner of the guarantee. The fair value of the financial assets received as security that Natixis may sell or reuse as security was €231 billion at December 31, 2018, versus €215 billion at December 31, 2017. The fair value of the financial assets received as security that were resold or reused as security was €155 billion at December 31, 2018, versus €143 billion at December 31, 2017.

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Natixis Registration Document 2018