NATIXIS - 2018 Registration document and annual financial report

5 FINANCIAL DATA

Consolidated financial statements and notes

Property, plant and equipment and intangible assets 8.11

31/12/2018

31/12/2017

Impairment and amortization

Impairment and amortization

Gross value

Net value

Gross value

Net value (b)

(in millions of euros)

Property, plant and equipment

1,339

(919) (322) (597)

420 156 264 678

1,790

(1,032)

758 150 608 732

Land and buildings

477 862

451

(301) (731)

Other

1,339 2,110

Intangible assets (a) Leasehold rights

1,900

(1,221)

(1,378)

31

(9)

21

44

(14)

30

Software

1,445

(1,060)

385 272

1,669

(1,228)

441 261

Other

424

(152)

397

(137)

TOTAL

3,239

(2,141)

1,098

3,900

(2,410)

1,490

Of which for intangible assets: (a) - €240 million at December 31, 2018 and €180 million at December 31, 2017 for the Asset & Wealth Management division; - €86 million at December 31, 2018 and €105 million at December 31, 2017 for the Corporate & Investment Banking division; - €158 million at December 31, 2018 and €139 million at December 31, 2017 for the Insurance division (excluding investment property); - €123 million at December 31, 2018 and €241 million at December 31, 2017 for the Specialized Financial Services division (mainly Natixis Payments Solutions); - €67 million at December 31, 2018 and €64 million at December 31, 2017 for Coface; - €4.4 million at December 31, 2018 and €2 million at December 31, 2017 for the Corporate Center. At December 31, 2018, intangible assets reclassified as assets held for sale pursuant to IFRS 5 totaled €150 million. Of which €145 million at January 1, 2018 for the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (see (b) Notes 3.6 and 6.9).

DECEMBER 31, 2018 R

Change in consolidation scope and other items

Non-current assets held for sale (a)

Gross value 31/12/2017

Gross value 31/12/2018

Increase

Decrease

(in millions of euros)

Property, plant and equipment

1,790

292

(140)

0

(604)

1,339

Land and buildings

451

22

(2)

18

(11)

477 862

Other

1,339 2,110

271 228

(138)

(18)

(592) (392)

Intangible assets Leasehold rights

(37)

(9) (4) 30

1,900

44

1

(1)

(9)

31

Software

1,669

121 106

(27)

(347)

1,445

Other

397

(9)

(35)

(36)

424

TOTAL 3,239 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). (a) 3,900 520 (177) (9) (995)

DECEMBER 31, 2017 R

Change in consolidation scope and other items

Gross value 01/01/2017

Gross value 31/12/2017

Increase

Decrease

(in millions of euros)

Property, plant and equipment

1,679

327

(162)

(54)

1,790

Land and buildings

426

16

(1)

10

451

Other

1,253 2,006

310 145

(161)

(64) (10)

1,339 2,110

Intangible assets Leasehold rights

(31)

47

0

0

(3) 75

44

Software

1,551

65 80

(23)

1,669

Other

407

(8)

(82)

397

TOTAL

3,684

472

(193)

(64)

3,900

Assets obtained by taking possession of guarantees 8.12 At December 31, 2018 and December 31, 2017, Natixis did not have any assets obtained by taking possession of guarantees on its balance sheet.

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Natixis Registration Document 2018