NATIXIS -2020 Universal Registration Document
FINANCIAL DATA Parent company financial statements and notes
Operating expenses Note 30
(in millions of euros)
2019
2020
Payroll costs
(1,225)
(1,339)
Wages and salaries
(803) (287)
(916) (463)
Social security expenses (a)
(30) (70)
(60) (72)
Incentive and profit-sharing plans
Taxes on income Rebilled expenses
25
30
Provisions for risks and other expenses (b)
(60)
142
Other administrative expenses
(1,104)
(1,220)
(209)
(217)
Taxes and levies (c) External services Rebilled expenses
(1,031)
(1,188)
137
185
Depreciation, amortization and impairment of property, plant and equipment and intangible assets
(80) (80)
(79) (79)
Charges TOTAL
(2,409) (2,638) Of which pension costs of €75 million at December 31, 2020 compared to €198 million at December 31, 2019 (including €114 million in respect of the IPA). (a) Including a provision for the Time Savings Account of €70 million in 2020 and a reversal of provision for the IPA of €114 million in 2019. (b) Including a contribution of €160 million to the Single Resolution Fund (SRF) at December 31, 2020, versus €166 million at December 31, 2019. (c)
5
Provision for credit losses Note 31
(in millions of euros)
2019
2020
Provision for credit losses on assets
(675) (675) (764)
(303) (286) (393)
Non-performing loans: Impairment charges
349
268
Reversals of impairment charges
Losses covered
(265)
(184)
Losses not covered
(2)
(2) 25
Recoveries of bad debts written off
7 0 0
Securities:
(17) (24)
Impairment charges
Reversals of impairment charges
25
14 (7)
Losses covered
(25) (17) (27)
Provision for credit losses on liability items
(127) (106) (215)
On country and sector risks:
Charges to provisions Reversals of provisions Risks and charges: Charges to provisions Reversals of provisions
(183)
156
109 (21) (66)
10
(26)
36
45
TOTAL
(694)
(429)
443
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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2020
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