NATIXIS // 2021 Universal Registration Document

6 INDIVIDUAL FINANCIAL STATEMENTS AT DECEMBER 31, 2021 Individual financial statements and notes

Natixis comparative separate income statements

(in millions of euros)

2021

See Note No.

Year ended December 31

2020

5,167

5,596

24 24 25 26

Interest and similar income Interest and similar expenses

(4,067)

(4,554)

Income from variable-income securities

307 801

757 811

Fee and commission income Fee and commission expenses

(373) 1,295

(377)

27 28

Net gains/(losses) on trading portfolio transactions Net gains/(losses) on transactions on securities held for sale

968

110 654

(256)

Other banking operating income Other banking operating expenses

306

29

(467) 3,426

(106) 3,145

Net banking income Operating expenses

30

(2,634) (1,434) (1,200)

(2,329) (1,225) (1,104)

Payroll costs V

Other administrative expenses V

Write-down, amortization and impairment of property, plant and equipment and intangible assets

(71) 720

(80) 736

Gross operating income

31

Cost of risk

33

(694)

Net operating income

753

42

32

Gains/(losses) on fixed assets

(114)

(110)

639

(68)

Income before tax

Non-recurring income

33 20

Income taxes

(84)

211

Funding / reversal of funding for general banking risks and regulated provisions

0

0

NET INCOME/(LOSS)

555

143

420

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2021