NATIXIS - Document d'enregistrement universel et rapport financier annuel 2020

ÉLÉMENTS FINANCIERS Comptes consolidés et annexes

)?M JLCH=CJ;F?M MIOL=?M >? - >C@@wLw? MIHN F?M MOCP;HN?Mn F; LwwP;FO;NCIH >?M Yn =NC@M @CH;H=C?LM >CMJIHC?M Yn =NC@M r F; DOMN? P;F?OL J;L LwMOFN;Nn^n F; LwwP;FO;NCIH >?M ;=NC@M CGGI?M V =IHNL;NM >f;MMOL;H=?n F? L?NL;CN?G?HN >;HM F?M =IGJN?M =IHMIFC>wM >? F; LwM?LP? >? V =;JCN;FCM;NCIH ?N >? F; JLIPCMCIH JIOL LCMKO? >f?RCAC? - >C@@wLw? ?MN ?HL?ACMNLw?n ?H =;JCN;OR JLIJL?M JIOL F?M P;LC;NCIHM >? P;F?OL >?M ;=NC@M =F;MMwM V ?H Yn =NC@M >CMJIHC? P;F?OL >?M ;=NC@M =F;MMwM ?H V Yn =NC@M r F; DOMN? P;F?OL J;L LwMOFN;Nn^ ?N >?M CGG?O? JF;=?G?HN P?H;HN ?H L?JLwM?HN;NCIH >?M =IHNL;NM >f;MMOL;H=? ;CHMC KO? JIOL F?M P;LC;NCIHM >? JLIPCMCIHM JIOL >wJLw=C;NCIH >OL;CMJIHCO Gw=;HCMG? >? =IGJN;OCN r L?=IHH;{NL? OH? J;LNC=CJ;NCIH ;OR C@@wLw? J;MMCP? ;O n>w=?Gw=?Gf;=NC@ H?N >? - >C@@wLw? OH N?MN >? L?=IOPL;? F; - >C@@wLw? ?MN @IH=NCIH >? FfCHN?HNCIH ?N >? F; =;J;=CNw >?M =IGJ;AHC?M r JCFIN?L F; LwGOHwL;NCIH @ONOL? >?M =IHNL;NM ?H @IH=NCIH >?M L?MMIOL=?M ?FF?M =C MIHN M?HMC?M G;L=BwM ;=NCIHM ?N I? F; =IFF?=N? H?NN? KOC LwMOFN? HIN;GG?HN >? V Ff;NNL;=NCPCNw =IGG?L=C;F? >?M =IHNL;NM ?N >? F; JLIJ?HMCIH >?M ;MMOLwM r L;=B?N?L F?OLM =IHNL;NMn ;OR LwM?LP?M ?N L?MMIOL=?M JLIJL?M >CMJIHC?M V =IGJ;AHC?M JIOL >wN?HCL F?M ;=NC@M MOL OH? >OLw? =IGJ;NC?M J;MMC@M ?N =IBwL?HN? ;P?= F?M =S=F?M >? G;L=Bw 2H? ;H;FSM? JLIMJ?=NCP? >O =;L;=NvL? L?=IOPL;? F; - >C@@wLw? ;=NCP? ?MN ;FILM Lw;FCMw? ;@CH >? >wGIHNL?L F; =;J;=CNw ?N FfCHN?HNCIH >?M =IGJ;AHC?M >? H? J;M =w>?L F?M JF;=?G?HNM ?H GICHM P;FO?M F;N?HN?M JIOL @;CL? @;=? r >?M ? FCKOC>CNw r FfBILCTIH >? L?=IOPL; r OH? PCMCIH JLIMJ?=NCP? >?M @FOR @ONOLM =IHMNLOCNM >;HM F? L?MJ?=N >?M =IH>CNCIHM LwAF?G?HN;CL?M ?N =IHNL;=NO?FF?M ;JJFC=;? >? M=?H;LCC w=IHIGCKO?M ?H JLI<;`?OLIM 2020 2019 + =B??oKo> MHM:E> : G>MM> + =B??oKo> MHM:E> I:LLBO> G>MM> f f

)?M A;L;HNC?M JLIJIMw?M =IOPL?HN JLCH=CJ;F?G?HN F?M LCMKO?M >w=vM FfCHP;FC>CNw FfCH=;J;=CNw >? NL;P;CF F; >wJ?H>;H=? F?M >IGG;A?M ;OR CKO? ?N F?M J?LN?M Jw=OHC;CL?M )?M JLIPCMCIHM N?=BHCKO?M ;@@wL?HN?M MIHN =;F=OFw?M ?H ONCFCM;HN >?M N;;JNw?M N;? GILN;FCNw >f?RJwLC?H=? IO >O OL?;O IGGOH MMOL;H=?M IFF?=NCP?M 8 9 )?M JLIPCMCIHM N?=BHCKO?M >f;MMOL;H=? HIH PC? =IGJL?HH?HN F?M JLIPCMCIHM JIOL JLCG?M HIH ;=KOCM?M ?N F?M JLIPCMCIHM JIOL MCHCMNL?M r J;S?L HIH ;=NO;FCMw?M )?M JLIPCMCIHM JIOL JLCG?M HIH ;=KOCM?M MIHN =;F=OFw?M JLIL;N; N?GJILCM MwJ;LwG?HN JIOL =B;KO? =IHNL;N >f;MMOL;H=? "FF?M =ILL?MJIH>?HN r F; J;LNC? >? F; JLCG? L?MN;HN r =IOLCL ?HNL? F; >;N? >? =F~NOL? >? Ff?R?L=C=? ?N F; >;N? >fw=Bw;H=? >? F; JLCG? )?M JLIPCMCIHM JIOL MCHCMNL?M =IGJL?HH?HN OH? ?MNCG;NCIH >O =I€N >? Ff?HM?G?M MCHCMNL?M >w=F;LwM ?N HIH LwAFwM r F; =F~NOL? >? F; JwLCI>? ? GIHN;HN >? MCHCMNL?M r J;S?L ?MN =IGJFwNw J;L OH? JLIPCMCIH JIOL MCHCMNL?M CH=IHHOM =;F=OFw? MOL OH? <;M? MN;NCMNCKO? =ILL?MJIH>;HN r Ff?MNCG;NCIH >O GIHN;HN @CH;F >? MCHCMNL?M KOC M?L; LwAFw ;JLvM ?RNCH=NCIH >O LCMKO? ?N ;JLvM NION? ;=NCIH >? L?=IOPL?G?HN )?M JLIPCMCIHM CH=FO?HN wA;F?G?HN F?M ;Fw;M >? =IHDIH=NOL? FCwM ;OR wGCMMCIHM >? JLCG?M >? @CH >f;HHw? ;CHMC KOfOH? JLIPCMCIH JIOL @L;CM >? A?MNCIH "H MOM >? =?NN? ?MNCG;NCIH MN;NCMNCKO? >?M JLIPCMCIHM MJw=C@CKO?M MIHN ?HL?ACMNLw?M MOL >?M MCHCMNL?M G;D?OLM MOL F; <;M? >fOH? JLI<;? >w@;ON ?N >? MwPwLCNw ?MNCGw?M ;O =;M J;L =;M )?M @L;CM >f;=KOCMCNCIH >?M =IHNL;NM MIHN =IHMN;NwM ?H =B;LA?M >? Ff?R?L=C=? "H J;LNC=OFC?L JIOL F?M =IHNL;NM >f;MMOL;H=? HIH PC? F; =IHMN;N;NCIH ?H =B;LA?M ?MN ?@@?=NOw? MOCP;HN F? LSNBG? >f;=KOCMCNCIH >?M JLCG?Mn F; KOIN? J;LN >? @L;CM >f;=KOCMCNCIH L?JILNwM ?MN =;F=OFw? ;O JLIL;N; >?M JLCG?M HIH ;=KOCM?M r F; =F~NOL? Ff?R?L=C=? "H ;JJFC=;NCIH >O J;L;AL;JB?n >f&#/0n F?M =IHNL;NM >f;MMOL;H=? ?N >fCHP?MNCMM?G?HN ;P?= J;LNC=CJ;NCIH >CM=LwNCIHH;CL? ;MMOL;H=? PC? @IHN FfIfOH? =IGJN;IQ ;==IOHNCHAn^ =IHMCMN;HN r L?=IHH;{NL? ?H JLIPCMCIH JIOL J;LNC=CJ;NCIH ;OR C@@wLw? F; KOIN? J;LN >?M JFOM IO GICHM P;FO?M F;N?HN?M =IGJN;C@@wLw? L?@FvN? ;CHMC F? >LICN JIN?HNC?F >?M ;MMOLwM MOL F?M JFOM P;FO?M F;N?HN?M >?M JF;=?G?HNM @CH;H=C?LM IO F?OL J;LNC=CJ;NCIH wP?HNO?FF? ;OR J?LN?M ?H =;M >? GICHM P;FO?M F;N?HN?M IGJN? N?HO >O N;OR >? >CMNLCA?N ?N ?H =IBwL?H=? ;P?= F? N;OR >? >CMNLC? - >C@@wLw? L?N?HO ;O n>w=?G? n =IHNL? n ;O n>w=?G? GICHM P;FO? F;N?HN? H?NN? OH? J;LNC=CJ;NCIH ;OR C@@wLw? ;=NCP? ?MN L?=IHHO? r B;ON?OL >O GIHN;HN >IHN FfCGJON;NCIH MOL >?M J;LNC=CJ;NCIHM ;OR ?M ;MMOLwM ?MN ?MNCGw? @ILN?G?HN JLI<;

5

349

www.natixis.com

NATIXIS DOCUMENT D’ENREGISTREMENT UNIVERSEL 2020