NATIXIS -2020 Universal Registration Document

FINANCIAL DATA Consolidated financial statements and notes

8.4.6 (in millions of euros)

Held-to-maturity financial assets

31/12/2019

31/12/2020

Government securities

507 507

636 636

Gross value Provisions

Bonds

257 258

282 283

Gross value Provisions

(1)

(1)

TOTAL

764

918

8.4.7

Fair value of financial assets valued at amortized cost on the balance sheet

31/12/2020

31/12/2019

Carrying amount

Fair value Level 1 Level 2 Level 3

Carrying amount

Fair value Level 1 Level 2 Level 3

(in millions of euros)

Loans and receivables due from credit institutions o/w loans and receivables

303 303

303 303

0 0

303 303

682 612

682 612

3 3

679 609

Other

1

1

1

70

70

70

Customer loans and receivables

12,700 12,700 12,700 12,700

0 12,700 0 12,700

0 0 3 3

13,312 13,312 13,312 13,312

51 13,259 51 13,259

2 2 2 4

o/w loans and receivables Held-to-maturity assets TOTAL FINANCIAL ASSETS

764

963

820

140

918 1,124 1,051

71

13,767 13,966

820 13,143

14,912 15,118 1,106 14,009

5

8.5

Liabilities related to insurance policies

(in millions of euros)

31/12/2019

31/12/2020

Technical reserves

93,395 49,894 14,035 19,561

90,018 48,724 12,164 20,161

Technical reserves relating to insurance policies Technical reserves relating to unit-linked policies

Technical reserves relating to financial contracts with a discretionary profit sharing feature Technical reserves relating to financial contracts without a discretionary profit sharing feature

-

-

Technical reserves relating to unit-linked policies

5,213 4,692

4,930 4,039

Deferred profit-sharing liabilities

10,778

10,489

Debts arising from insurance and reinsurance activities Debts arising from insurance and assumed reinsurance activities

427

475

Debts arising from ceded reinsurance activities

10,351

10,015

Derivatives

10

39 39

Derivative instruments not eligible for hedge accounting

5 4

Hedging derivatives

-

Other liabilities relating to insurance policies

-

-

TOTAL (a)

104,182

100,545

As of December 31, 2019, Coface contributed €2,022.3 million to "Liabilities related to insurance policies". (a)

359

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020