NATIXIS // 2021 Universal Registration Document
CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2021 Consolidated financial statements and notes
3.3
Interests in subsidiaries
3.3.1
Material non-controlling interests
As at December 31, 2021
31/12/2021
Non-controlling interests
Concise financial information on entities
(in millions of euros)
Income attributable to the owners of non controlling
Amount of non
Dividends paid to the owners of non controlling interests
Percentage control of non controlling interests (if different)
Percentage interest in non controlling interests
controlling interests in the subsidiary
interests over the period
Total debt (Liabilities – Equity)
Place of
Total assets
Net income
Total income
establish
Name of entity
ment
United Kingdom 49.99% 49.99%
H2O
25 81
155
-
384
91
49
65
Other entities
47
50 50
TOTAL
106
202
As at December 31, 2020
31/12/2020
(in millions of euros)
Non-controlling interests
Concise financial information on entities
Income attributable to the owners of non controlling
5
Percentage control of non controlling interests (if different)
Amount of non
Percentage interest in non controlling interests
Dividends paid to the owners of non controlling interests
controlling interests in the subsidiary
Place of
interests over the period
Total debt (Liabilities – Equity)
establish
Total assets
Net income
Total income
Name of entity
ment
United Kingdom 49.99% 49.99%
H2O
30 52 81
122
124
282
55
60
38
Other entities
45
42
TOTAL
167
167
Material restrictions 3.3.2 Natixis is subject to liquidity risk supervision, which requires the creation of a liquidity reserve limiting the use of the assets of which it is composed (see Chapter 3 “Risk factors, risk management and Pillar III”, and Note 3.2.8 “Balance sheet management” of the universal registration document) . Some entities are also subject to local regulations concerning liquidity and solvency. The share of encumbered assets that cannot be freely used is presented in Section 3.3.4 of Chapter 3 “Risk factors, risk management and Pillar III” of the universal registration document.
Despite the application of exchange controls in some countries, Natixis did not encounter difficulties transferring the dividends of subsidiaries located in these countries during the period. Assets representative of unit-linked policies from Insurance activities measured under the fair value option are held for the benefit of policyholders.
285
www.natixis.com
NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021
Made with FlippingBook Annual report maker