NATIXIS // 2021 Universal Registration Document

CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2021 Consolidated financial statements and notes

Note 7

Notes to the balance sheet

7.1

Financial assets and liabilities at fair value through profit and loss

7.1.1

Financial assets at fair value through

profit or loss The table below shows the breakdown of financial assets at fair value through profit and loss by instrument type. Financial instruments that must be measured at fair value through profit or loss include debt instruments and non-SPPI loans (for which the classification criteria are provided in Note 5.1.2), and equity instruments that we have opted not to recognize in equity.

These assets and liabilities are measured at fair value at the reporting date, with changes in fair value, including interest, recognized in the income statement under “Net gains or losses on financial instruments at fair value through profit and loss”, except for: interest on hedging derivatives and non-SPPI instruments recorded V as interest income and expenses in the income statement; and changes in fair value attributable to own credit risk on financial V liabilities designated at fair value through profit or loss, recorded in other comprehensive income as “Revaluation of own credit risk on financial liabilities at fair value through profit or loss”.

31/12/2021

31/12/2020

Financial assets to be valued at fair value through profit or loss (a)

Financial assets to be

Financial assets designated under the fair value option (b)

Financial assets designated under the fair value option (b)

valued at fair value through profit or loss (a)

Financial assets held for trading

Financial assets held for trading

Total

(in millions of euros)

Total

Securities

60,537 18,962 41,575

2,703 1,721

44 44

63,286 20,727 42,559

51,565 18,833 32,733

2,437 1,703

21 21

54,023 20,556 33,467

5

Debt instruments Equity instruments

983

734

0

Financing against reverse repos (c) Loans and receivables

72,742

72,742

80,113

80,113

4,607

1,329

0 0 0

5,936

2,933

1,931

2 2 0 0 0

4,867

Banks

0

377 952

377

0

963 969

966

Customers

4,607

5,559

2,932

3,901

Non-hedging derivatives (c) *

54,725 15,338 207,949

54,725 15,338 212,025

59,591 17,711 211,913

0 0

59,591 17,711

Security deposits paid

TOTAL 216,304 The criteria for classifying financial assets at fair value through profit or loss if they do not meet the SPPI criterion used by Natixis are provided in Note 5.1.2. (a) only in the case of an accounting mismatch as defined by IFRS 9 (see Note 5.1.5). (b) the information presented takes into account the impact of offsetting carried out in accordance with IAS 32 (see Note 7.3). (c) Amounts restated in relation to the financial statements at December 31, 2020 (see Note 5.4). * 4,032 44 4,368 23

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021