5 ÉLÉMENTS FINANCIERS
Comptes consolidés et annexes
); Lw=?MMCIH w=IHIGCKO? ; wA;F?G?HN ;G?Hw +;NCRCM r GI>C@C?L F? M=wH;LCI =?HNL;F MOL F; <;M? >OKO?F ?FF? >wN?LGCH? F? HCP?;O >?M J?LN?M ;NN?H>O?M >? M?M ?RJIMCNCIHM =@ hHIN?h ?Nh ;@CH >f?MNCG?L ;O GC?OR ?N ?H >wJCN >fOH B;ON HCP?;O >fCH=?LNCNO>? F?M LwJ?L=OMMCIHM >?M wPvH?G?HNM ;=NO?FM MOL F? LCMKO? >? >w@;ON r OH ;H IO ? M?M ?H=IOLM @CH;H=C?LM )? =IN >O LCMKO? Mf?MN ;CHMC ;==LO ;O =IOLM >? Ff?R?L=C=? &F MfwFvP? r
n nGCFFCIHM >f?OLIM ;O n>w=?Gf?OLIM ;O n>w=?G? F; =LCM? M;HCN;CL? r Ffw=IHIGC? Lw?FF? ;CHMC KOfr F; MJBvL? @CH;H=CvL? ; wA;F?G?HN ;@@?=Nw F; P;FILCM;NCIH >? =?LN;CHM JLI>OCNM =@ hHIN?h "H >wJCN >?M CH=?LNCNO>?M J?M;HN MOL FfwPIFONCIH >O =IHN?RN? w=IHIGCKO? +;NCRCM ; J;L ;CFF?OLM Lw;FCMw >?M N?MNM >? >wJLw=C;NCIH >?M w=;LNM >f;=KOCMCNCIH JIOL Ff?HM?G? =?M 2$1 =@ HIN?h -;L ;CFF?OLM F; J;H>wGC? >O ,3&!
; OH CGJ;=N MOL F? LwMOFN;N >? Ff?R?L=C=? >? - " & /! MI=CwNw GCM? ?H wKOCP;F?H=? r n ?H L;CMIH >? F; >wAL;>;NCIH >? F; MCHCMNL;FCNw MOL F; A;L;HNC? J?LN?M >f?RJFICN;NCIH >?M L?MN;OL;N?OLM !? =? @;CN ?N ?H N?H;HN =IGJN? >?M CGJ;=NM >? F; Lw;MMOL;H=? F; =IHNLC? Ff?HNCNw ;O LwMOFN;N H?N =IHMIFC>w >? Ff?R?L=C=? ?MN FCGCNw? r n nGCFFCIHM >f?OLIM Mesures de soutien de l’économie 1.4.1 !?M G?MOL?M >? MIONC?H >? Ffw=IHIGC? IHN wNw JLCM?M ;O =IOLM >? Ff?R?L=C=? @;CM;HN CHN?LP?HCL F?M wN;? =Lw>CN 1.4.1.1 )? JLxN A;L;HNC J;L FfpN;N -$" ?MN OH >CMJIMCNC@ >? MIONC?H GCM ?H JF;=? ?H ;JJFC=;NCIH >? Ff;LNC=F?n >? F; FIC H[n
>O nG;LM >? @CH;H=?M L?=NC@C=;NCP? JIOL ?N >? Ff;LLxNw >O *CHCMNL? >? Ffp=IHIGC? ?N >?M #CH;H=?M >O nG;LM ;==IL>;HN F; A;L;HNC? >? FfpN;N ;OR wN;? =Lw>CN ?N MI=CwNwM >? @CH;H=?G?HN r J;LNCL >O nG;LM J;L F? AIOP?LH?G?HN @L;Hu;CM ;@CH >? LwJIH>L? ;OR ? NLwMIL?LC? >?M MI=CwNwM CGJ;=Nw?M J;L F; =LCM? M;HCN;CL? ,3&!
)?M =;L;=NwLCMNCKO?M >?M -$" I? NLwMIL?LC? >fOH ;H KOC =IGJILN? OH >C@@wLw >f;GILNCMM?G?HN MOL =?NN? >OLw? )?M MI=CwNwM w=C>?L r FfCMMO? >? F; JL?GCvL? ;HHw? >f;GILNCL F? -$" MOL OH? >OLw? >? rn n;HHw?M MOJJFwG?HN;CL?M o F; @CH >? F; JL?GCvL? ;HHw? F?M MI=CwNwM C@@wLw >f;GILNCMM?G?HN >fOH? ;HHw? MOJJFwG?HN;CL? >OL;HN =?NN? JwLCI>? M?OFM F?M CHNwLxNM ?N F? =IN >? F; A;L;HNC? >fpN;N M?LIHN J;SwM -IOL F?M MI=CwNwM wFCACO -$" ?MN JF;@IHHw >;HM F? =;M AwHwL;F r n >O =BC@@L? >f;@@;CL?M >? F; MI=CwNw )? -$" fOH? A;L;HNC? >? FfpN;N r B;ON?OL >? rn n M?FIH F; N;CFF? >? Ff?HNL?JLCM? F?M <;HKO?M =IHM?LP;HN ;CHMC F; J;LN >O LCMKO? LwMC>O?FF? ); A;L;HNC? >? FfwN;N =IOPL? OH JIOL=?HN;A? >O GIHN;HN >O =;JCN;F CHNwLxNM ?N ;==?MMICL?M L?MN;HN >OM >? F; =Lw;H=? DOMKOfr F; >w=Bw;H=? >? MIH N?LG? M;O@ r =? KOf?FF? MICN ;JJ?Fw? ;P;HN FILM >fOH wPwH?G?HN >? =Lw>CN ); LwGOHwL;NCIH >?M -$" =ILL?MJIH> r F; =IHNL?J;LNC? >? F; P;F?OL N?GJM ?N >O LCMKO? >? =Lw>CN ;MMI=Cw ;O JLCH=CJ;F ); JwH;FCNw >? L?G? G;HCvL? L;CMIHH;CNCIHM >? JLILIA;NCIH H? MIHN J;M @CRw?M J;L ;HNC=CJ;NCIH G;CM L?PO?M FILM >? F; JLILIA;NCIH ?H @IH=NCIH >?M =IH>CNCIHM >? G;L=Bw IGJN? N?HO >?M =;L;=NwLCMNCKO?M >w=LCN?M MOJL; F?M -$" LwJIH>?HN ;OR =LCNvL?M MIF?FS J;SG?HN I@ JLCH=CJ;F ;H> CHN?L?MN d 0--& =@ hHIN?h &FM MIHN =IGJN;;HM F; =;NwAILC? >?M Yn=Lw;H=?M ;O =IN ;GILNCn^ JOCMKOfCFM MIHN >wN?HOM >;HM OH GI>vF? >? A?MNCIH >? =IFF?=N? >IHN FfI? >wN?HCL F?M JLxNM JIOL ?H =IFF?=N?L F?M @FOR >? NLwMIL?LC? =@ hHIN?h )ILM >?M ;LLxNwM OFNwLC?OLM CFM M?LIHN wP;FOwM ;O =IN ;GILNC M?FIH F; GwNBI>? >O 1;OR >f&HNwLxN "@@?=NC@ Prêts garantis par l’État
Lancement d’un programme de transformation et d’efficacité opérationnelle +;NCRCM ; ;HHIH=w F? nHIP?G? F; JLwM?HN;NCIH >? M?M LwMOFN;NM NLCG?MNLC?FM F? F;H=?G?HN >fOH JLIAL;GG? >? NL;HM@ILG;NCIH ?N >f?@@C=;=CNw IJwL;NCIHH?FF? J?LG?NN;HN >? >wA;A?L ?HPCLIH nGCFFCIHM >f?OLIM >fw=IHIGC?M >? =INM JwL?HH?M r @CH Un nGCFFCIHM >f?OLIM >? =INM ?R=?JNCIHH?FM ;MMI=CwM MOL F; JwLCI>? CH=FO;HN HIN;GG?HN F; NL;HM@ILG;NCIH >O GwNC?L =NCIHM >? F; ;HKO? >? AL;H>? =FC?HNvF? -IOL LwJIH>L? ;OR ?HD?OR ;ORKO?FM ?FF? ?MN =IH@LIHNw? +;NCRCM =IHNCHO?L; J;L ;CFF?OLM r @;CL? wPIFO?L MIH GI>vF? IJwL;NCIHH?F >;HM OH I? =IGJwNCNCPCNw ?H Mf;JJOS;HN MOL M?M ?RJ?LNCM?M MIFC>?M ?N >CP?LMC@Cw?M ?NN? FIACKO? >f;HNC=CJ;NCIH >f;>;JN;NCIH ?N >? >wP?FIJJ?G?HN ; =IH>OCN +;NCRCM >?JOCM r ILA;HCM?L M?M @IH=NCIHM MOJJILN ;ONIOL >? >?OR J~F?M >f;=NCPCNwM ?H "OLIJ?n -;LCM ?N -ILNI f?MN >;HM F; =IHNCHOCNw >? =? M=BwG; >fILA;HCM;NCIH KOfOH JLID?N >? >wP?FIJJ?G?HN >O =?HNL? >? -ILNI ; wNw JLwM?HNw @CH D;HPC?Ln JIOLMOCPL? F? >wP?FIJJ?G?HN r -ILNI >?M @IH=NCIHM MOJJILN KOC S V MIHN >wDr CGJF;HNw?M HIN;GG?HN 1?=BHIFIAS 1L;HM@ILG;NCIH d ;P?= !;N; 1?=BHIFIAS ,,
& ?N $FI<;F OMCH?MM *;H;A?G?HN 1L;HM@ILG;NCIH F?M /?MMIOL=?M BOG;CH?M ?N F?M /CMKO?Mn JIMCNCIHH?L r -ILNI >f;ONL?M @IH=NCIHM MOJJILNn #CH;H=? V 4ILEJF;=? ?N IGGOHC=;NCIH ;CHMC KO? =?LN;CH?M ;=NCPCNwM >? F; ;HKO? >? AL;H>? =FC?HNvF? ;O M?CH >O IP?L;A? ?N >? !CMNLCf;=NCPCNwM wKOCP;F;HN r nJIMN?M J?LG?N ;OMMC >? =IH@CLG?L F; JF;=? >? -ILNI =IGG? OH =?HNL? >f?R=?FF?H=? ?N >f?RJ?LNCM? ); L?PO? MNL;NwACKO? >? Ff;=NCPCNw >wLCPwM ;=NCIHM ; J;L ;CFF?OLM =IH>OCN r =IH@CLG?L MIH CGJILN;H=? JIOL +;NCRCM ?N r F; L?JIMCNCIHH?L MOL F?M =FC?HNM MNL;NwACKO?M NION ?H Lw>OCM;HN F? HCP?;O >? LCMKO?M ); GCM? ?H `OPL? >? =?NN? ;HHIH=? ?HNL;{H?L;CN F; MOJJL?MMCIH >? nJIMN?M >? NL;P;CF -IOL G?NNL? ?H `OPL? F?M >C@@wL?HNM PIF?NM >? =?M JLID?NM >;HM F?M G?CFF?OL?M =IH>CNCIHM r FfCMMO? >? F; =IHMOFN;NCIH >O =IGCNw MI=C;F ?N w=IHIGCKO? 0" CF ?MN JLwPO >? >wJFIS?L OH JF;H ;G? GI?M JwLCGvNL?M =IH=?LHwM -;L;FFvF?G?HN r F; =IHMOFN;NCIH MOL =? JLID?N OH? HwAI=C;NCIH M?L; IOP?LN? ;P?= F?M ILA;HCM;NCIHM MSH>C=;F?M ;@CH >? >w@CHCL ?H >wN;CF F?M G?MOL?M >f;==IGJ;AH?G?HN >?M GI? F; >;N? >f;HHIH=? >? =?M G?MOL?M ?N >? FfIOP?LNOL? =IH=IGCN;HN? >? HwAI=C;NCIH MOL F?M G?MOL?M >f;==IGJ;AH?G?HN CF Hf?MN J;M JIMMC? =IGGOHCKO?L r =?NN? >;N? OH? ?MNCG;NCIH >? F?OLM ?@@?NM @CH;H=C?LM sur les comptes ); JLIJ;A;NCIH L;JC>? >? F; J;H>wGC? >? ,3&!
r Ff?HM?G? F; JF;HvN? ; =IH>OCN F; JFOJ;LN >?M J;SM NIO=BwM r JL?H>L? JFOMC?OLM G?MOL?M >? =IH@CH?G?HN ?HP?LM F; JIJOF;NCIH ;O =IOLM >? Ff;HHw? Lw>OCM;HN ;CHMC @ILN?G?HN Ff;=NCPCNw =? KOC ; ?HNL;{Hw OH? >wAL;>;NCIH >? F; MCNO;NCIH w=IHIGCKO? >? HIGf;=NCPCNw ;CHMC KOfOH? @ILN? J?LNOL<;NCIH >?M G;L=BwM @CH;H=C?LM !;HM =? =IHN?RN? >? HIG?M >C@@C=OFNwM >? NLwMIL?LC? ?N +;NCRCM ;==IGJ;AH? M?M =FC?HNM r NL;P?LM?L =?NN? =LCM? ?H J;LNC=CJ;HN HIN;GG?HN r F; GCM? ?H `OPL? >? =?LN;CH?M G?MOL?M >? MIONC?H r Ffw=IHIGC? >w=C>w?M J;L FfpN;N =@ hHIN?h Incidence de la crise sanitaire 1.4 ;OR J;LN?H;CL?M MI=C;OR ? >?LHC?L =IHMCMN?L;CN rn
262
NATIXIS DOCUMENT D’ENREGISTREMENT UNIVERSEL 2020