NATIXIS - 2018 Registration document and annual financial report

FINANCIAL DATA Parent company financial statements and notes

BONDS, SHARES AND OTHER FIXED VARIABLE-INCOME SECURITIES

NOTE 5

2018

2017

Securities held for investment

Securities held for sale

Securities held for trading

Securities held for investment

Securities held for sale

Securities held for trading

Total

Total

(in millions of euros)

Government securities and equivalent (b) Gross value (a)

28,694

5,326

562

34,582

18,160

5,313

655

24,128

Premiums/discounts

71 39

71 45

160

160

Accrued interest

5

1

4

42

46

Write-downs

0

0

Net carrying amount

28,699

5,436

563

34,698

18,164

5,515

655

24,334

Bonds and other fixed-income securities (b) (c) Gross value (a)

12,929

5,974

145

19,048

17,721

5,036

125

22,882

Premiums/discounts

(16)

(16)

(38)

(38)

5

Accrued interest

1

27

28

21

21

Write-downs

(87)

(87)

(76)

(76)

Net carrying amount

12,930

5,898

145

18,973

17,721

4,943

125

22,789

Shares and other variable-income securities (b) (d) Gross value

47,298

1,234

48,532

43,780

1,300

45,080

Accrued interest

0

0

Write-downs

(18)

(18)

(23)

(23)

Net carrying amount 45,057 For these categories of securities, the gross values shown in the “Securities held for sale” and “Securities held for investment” columns are (a) redemption value. Of which securities loaned for €25,669 million at December 31, 2018 versus €17,079 million at December 31, 2017. (b) Of which Bonds and other listed fixed-income securities for €15,404 million at December 31, 2018 versus €18,856 million at December 31, 2017. (c) Of which Shares and other listed variable-income securities for €47,097 million at December 31, 2018 versus €44,705 million at December 31, (d) 2017. 47,298 1,216 48,514 43,780 1,277

The total amount of securities held for investment sold before maturity totaled €15 million in 2017. No sales were recorded for 2018.

Transfers of securities between categories

There were no transfers of securities between categories in 2017 or 2018.

Unrealized capital gains and losses in the investment portfolio

2018

2017

(in millions of euros)

Government securities and equivalent Unrealized capital gains

5

30

Unrealized capital losses

(2)

0

Bonds and other fixed-income securities Unrealized capital gains

36

17

Unrealized capital losses

(98)

(89)

Shares and other variable-income securities Unrealized capital gains

273 (18)

274 (24)

Unrealized capital losses

417

Natixis Registration Document 2018