NATIXIS -2020 Universal Registration Document
FINANCIAL DATA Consolidated financial statements and notes
Notes and annexes
Note 1
General framework
259 259 260 261 262 265 265 265
Note 5
Accounting principles and valuation methods
280
1.1 1.2 1.3 1.4
Accounting standards applied
5.1 5.2 5.3
Financial assets (excluding derivatives)
280 283 284
Significant events Post-closing events
Leases
Impairment of assets at amortized cost and at fair value through other comprehensive income and provisions for financing and guarantee commitments
Impact of the health crisis on the financial statements
Note 2
Consolidation methods and principles
2.1 2.2
Consolidation scope
Derivative financial instruments 5.4 and hedge accounting Transactions in foreign currencies Fair value of financial instruments 5.6 5.5 Property, plant and equipment, intangible assets (excluding goodwill) and investment property Assets held for sale and discontinued 5.8 operations 5.7
287
The notion of control and consolidation
methods
289 289 290
2.3
Change in consolidation scope
266 266
Treatment of put options granted 2.4 to minority shareholders
2.5
Business combinations and goodwill
267 269 269
Subsidiaries held for sale 2.6
291
2.7
Standardization of individual data and treatment of intra-group transactions
Financial liabilities at fair 5.9 value through profit or loss
292
Natixis’ institutional operations 2.8
269 269
Currency conversion of the statements 2.9 of foreign subsidiaries and branches
Liabilities 5.10
292 292 293 293 293 294 294 295
Derecognition 5.11
Note 3
Consolidation scope
270
Offsetting of financial assets 5.12 and liabilities
3.1
Changes in consolidation scope
270
Provisions 5.13
since January 1, 2020
Employee benefits 5.14
5
3.2 3.3
Impact of acquisitions and disposals
271
Distinction between debt and equity 5.15
Interests in subsidiaries 272 Interests in partnerships and associates 3.4 273 Structured entities 275
Share-based payments 5.16
Treasury shares 5.17
Note 4
and treasury share derivatives Fees and commissions received 5.18
4.1
Scope of the structured entities with which Natixis has dealings
275
295
Tax expenses 5.19 296 Financing and guarantee commitments 5.20 296 Contributions to banking resolution 5.21 mechanisms 297 Use of estimates and judgment 5.22 297 Earnings/(loss) per share 5.23 300 Notes to the income statement 301
Interests held in non-consolidated 4.2 structured entities Non-consolidated structured entities 4.3 in which Natixis is involved only as a sponsor Financial support to structured entities 4.4 279 277 279
Note 6
6.1
Interest margin
301 302 303
Net fee and commission income 6.2
Gains and losses on financial assets and 6.3 liabilities at fair value through profit or loss Gains and losses on financial assets 6.4 at fair value through other comprehensive income
303
Net gains or losses resulting 6.5
304
from the derecognition of financial instruments at amortized cost
Other income and expenses 6.6
304 304
6.7
Operating expenses and depreciation,
amortization, and impairments
Cost of risk 6.8
305 306 306
Gains or losses on other assets 6.9 Reconciliation of the tax expense 6.10 in the financial statements and the theoretical tax expense
257
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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020
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