NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Consolidated financial statements and notes

31/12/2018

Banking format

Net revenues

Total

Other net revenue items (excl. net income from insurance)

Net income from insurance

Gross operating income

Insurance format

Provision for credit losses

Expenses

Tax

Other items

Net income

(in millions of euros)

Operating income (loss)

742

2,910

(1,180)

(984)

745

(1)

0

(2)

742

Finance expenses

(33)

0

(33)

0

(33)

0

0

0

(33)

Share in income of associates

15

0

0

0

0

0

0

15

15

Income taxes

(220)

0

0

(2)

(2)

0

(218)

0

(220)

After-tax income from discontinued activities

0

0

0

0

0

0

0

0

0

Non-controlling interests

(71)

0

0

0

0

0

0

(71)

(71)

CONSOLIDATED NET INCOME

433

2,910

(1,213)

(986)

710

(1)

(218)

(58)

433

Insurance business investments 9.4

Notes 9.4.3 9.4.1

31/12/2018

01/01/2018 (a)

(in millions of euros)

5

Investment property

1,371

1,312

Financial assets at fair value through profit or loss

22,328

22,410

Hedging derivatives

1

Available-for-sale financial assets

9.4.2 9.4.5 9.4.6

47,801 13,137

46,898 10,825

Loans and receivables

Held-to-maturity financial assets

1,291

1,885

Share held by cedents and retrocessionaires in liabilities relating to insurance policies and financial contracts Receivables arising from insurance and assumed reinsurance activities

13,015

11,412

1,157

1,425

Receivables arising from reinsurance transfers

91

33

Deferred acquisition costs

344

699

Other TOTAL

100,536 96,901 Of which €2,721 million at January 1, 2018 for the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (a) (see Notes 3.6 and 6.9).

9.4.1

Financial assets at fair value through profit or loss

Notes

31/12/2018

01/01/2018

(in millions of euros)

Securities held for trading

4,810

4,340

Debt instruments in the form of securities

-

30

4,810

4,310

Equity instruments (a) Loans and receivables

-

-

Derivative instruments not eligible for hedge accounting Hedging derivatives Securities under the fair value option through profit or loss

18

214

9.4.1.1

17,501

15,845

Debt instruments in the form of securities

1,582

204 243

Equity instruments (a)

366

Investments backed by unit-linked policies

15,553

15,398

9.4.1.1

Loans and receivables at fair value through profit and loss

0

2,011

Banks

-

-

Customers

0

2,011

TOTAL

22,328

22,410

Including shares in mutual funds. (a)

349

Natixis Registration Document 2018