NATIXIS - 2020 Meeting notice combined general shareholder's meeting

MANAGEMENT REPORT AT DECEMBER 31, 2019

Consolidated financial statements and notes Consolidated balance sheet – Assets

(in millions of euros)

31/12/2018  (a)

Notes

31/12/2019

21,016 228,802

24,291 214,086

Cash, central banks

Financial assets at fair value through profit or loss

8.1 8.2

Hedging derivatives

325

306

Financial assets at fair value through other comprehensive income

8.4

12,076

10,798

Debt instruments at amortized cost

8.6.3

1,558

1,193

Loans and receivables due from banks and similar items at amortized cost

8.6.1

48,115

27,285

Loans and receivables due from customers at amortized cost

8.6.2

71,089

69,279

o/w institutional operations

852

839

Revaluation adjustments on portfolios hedged against interest rate risk Insurance business investments

9.4

108,053

100,536

Current tax assets Deferred tax assets

348

258

1,388

1,456

Accrual accounts and other assets Non-current assets held for sale  (b)

8.9

13,624

14,733 25,646

0

Deferred profit-sharing Investments in associates

743

735

Investment property

0

0

Property, plant and equipment

8.10 8.10 8.12

1,425

420 678

Intangible assets

717

Goodwill

3,891

3,796

TOTAL ASSETS 495,496 The information reported at December 31, 2018 has not been restated for the impact of the first-time application of IFRS 16 “Leases”, in accordance with (a) the option available under this standard and the amendment to IAS 12 “Income Taxes”. The impacts of the first-time application of the amendment to IAS 12 and to IFRS 16 on the opening balance sheet at January 1, 2019 are presented in detail in Notes 1 and 2, respectively. Corresponds to the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 and sold to BPCE in the first quarter of 2019 (b) (see Notes 3.6 and 4.1). 513,170

12

NATIXIS MEETING NOTICE 2020