NATIXIS // 2021 Universal Registration Document

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

Reconciliation of loans and receivables due from banks at amortized cost

Loans and receivables due from banks at amortized cost

Unimpaired assets for which expected credit losses are measured over 12 months (S1 bucket)

Unimpaired assets for which expected credit losses are measured on a lifetime basis (S2 bucket)

Assets impaired after their origination/

Assets impaired on origination/ acquisition

acquisition (S3 bucket) Value adjustment for credit losses

Total

Value adjustment for credit losses

Value adjustment for credit losses

Value adjustment for credit losses

Value adjustment for credit losses

Gross carrying amount

Gross carrying amount

Gross carrying amount

Gross carrying amount

Gross carrying amount

(in millions of euros)

BALANCE AS AT 01/01/2020

46,846 24,286

0

715

(3) (0)

48

(48)

0

0 47,609

(51)

New originated or acquired contracts

(0)

3

24,289

(0)

Changes in contractual cash flows not giving rise to derecognition Variations linked to changes in credit risk parameters (excluding transfers)

0

0

0

0

0

0

0

0

(6,976)

(0)

(154)

(2) (0)

1 0 0 0 0 0

(0)

(7,129)

(2)

Financial asset transfers

0

0 0 0 0 0 0

(0)

0 0 0 0 0 1

0 0 0 0

0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 5 0 0 0 0 0

Transfers to S1 Transfers to S2 Transfers to S3

65

(65)

0

(65)

65

(0)

0

0 0

0 0 0

(99)

(99)

Transfer to non-current assets held for sale (b) Contracts fully repaid or sold during the period

(19,522)

(24)

(1)

(19,546)

Impairment in value (write-off)

(17)

17

(17)

17

Variations linked to changes in exchange rates

(570)

0

(58)

0

(1)

1

(629)

Changes in the model used

Other changes

31

(0)

(40) 442

0

(0) 29

0

(8)

43,997 69,921

0 0

(4)

(29)

0 0

0 44,468 0 69,929

(34)

BALANCE AS AT 31/12/2020 (a) New originated or acquired contracts

7

0

0

0

Changes in contractual cash flows not giving rise to derecognition Variations linked to changes in credit risk parameters (excluding transfers)

0

0

0

0

0

0

0

0

0

688 154 155

(1)

5

2 0 0 0 0 0 0

(10)

10

10

(10)

693

Financial asset transfers

0 0 0 0 0 0

(154) (155)

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0 0 0 0 0 0

0 0 0 0 0

0 0 0 0

Transfers to S1 Transfers to S2 Transfers to S3

0 0

0 0

(488)

(47) (87)

(535)

Transfer to non-current assets held for sale (b) Contracts fully repaid or sold during the period

(27,822)

0 (27,909)

Impairment in value (write-off)

(5)

5 0

(5)

Variations linked to changes in exchange rates

108

0

17

0

0

125

Changes in the model used

Other changes

3

0

(7)

0

0

0

0 5

0

(5)

BALANCE AS AT 31/12/2021

86,562

(2)

175

(2)

19

(19)

(5)

86,761

(29)

Gross carrying amount presented excluding contributions from insurance companies. (a) Corresponds to the assets of H2O classified as “Non-current assets held for sale” since December 31, 2020 and the assets of the Payments business, classified as “Non-current assets (b) held for sale” at December 31, 2021.

7.6.2

Loans and receivables due from customers

31/12/2021

31/12/2020

Unimpaired financial assets (a)

Impaired financial assets (b)

Impaired financial assets (b)

Unimpaired financial assets (a)

Total

(in millions of euros)

Total

Reverse repurchase agreements Current accounts overdrawn

3,035 2,104

3,035 2,138

4,141 2,606

4,141 2,648

42

34

Finance leases

33

4

37

32

6

38

Other items

63,126

3,031

66,157

58,882

3,548

62,430

Security deposits paid

66

66

62

62

Value adjustments for credit losses

(199)

(1,088)

(1,287) 70,146

(209)

(1,171)

(1,380)

TOTAL (c) (d) 67,939 Comprises unimpaired financial assets for which value adjustments are calculated based on 12-month expected credit losses (Stage 1) or lifetime expected credit losses (Stage 2). (a) Impaired financial assets (Stage 3) are assets for which a default event has been identified as defined in Article 178 of the EU Regulation of June 26, 2013 on regulatory requirements (b) for credit institutions. At December 31, 2021, gross outstanding loans guaranteed by the State (GBLs) amounted to €2,152 million and the associated guarantees received from the State amounted (c) to €1,904 million. Of these outstandings, €143 million were classified as Purchased or Originated Credit Impaired (POCI) and €360 million were classified as restructured loans. At December 31, 2021, the gross outstandings that were subject to a moratorium amounted to €3,336.5 million. (d) 68,165 1,981 65,514 2,425

342

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021

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