NATIXIS_REGISTRATION_DOCUMENT_2017

3 RISKS AND CAPITAL ADEQUACY At-risk exposures

At December 31, 2017, exposure to non-government risk, in particular Greece and countries facing uncertainties (political, currency, etc.), directly held by Natixis stood as follows:

Net exposure at December 31, 2017

Total gross exposure

(in millions of euros)

Gross exposure at December 31, 2017  (a)

Provisions  (b)

Asset financing and structured transactions  (c)

Bank

Corporate

Greece  (d) Russia Ukraine

5

182 419 118

22

209

(25)

185

525

328

1,272

(6) (8)

1,265

0

25

143

134

TOTAL

530

718

375

1,624

(39)

1,585

Gross exposure: gross carrying amount on the balance sheet at December 31, 2017. (a) Individual and collective provisions. (b) Exposure corresponds mainly to the “shipping finance” sector amounting to €81 million at December 31, 2017. (c) Countries receiving financial aid from the European Union. (d)

Net exposure at December 31, 2016

Total gross exposure

(in millions of euros)

Gross exposure at December 31, 2016  (a)

Provisions  (b)

Asset financing and structured transactions  (c)

Bank

Corporate

Greece  (d) Russia Ukraine

23

228 619 207

63

314

(60)

254

722

712

2,053

(5)

2,048

-

28

234

(23)

211

TOTAL

745

1,054

802

2,601

(88)

2,513

Gross exposure: gross carrying amount on the balance sheet at December 31, 2016. (a) Individual and collective provisions. (b) Exposure corresponds mainly to the “shipping finance” sector amounting to €134 million at December 31, 2016. (c) Countries receiving financial aid from the European Union. (d)

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Natixis Registration Document 2017