NATIXIS_REGISTRATION_DOCUMENT_2017
OVERVIEW OF THE FISCAL YEAR Information concerning Natixis S.A.
strugglingcounterpartiesin the oil & gas and commoditysectors, which ceased in 2017. Together, these items brought operating income to +€1,106 million,down€236million. At December 31, 2017, net gains/(losses) on fixed assets amounted to +€317 million.The balance for fiscal year 2017 is mainly attributable to the capital gain earned on the disposal of
CACEIS securities for €84 million before tax and to the downward adjustment of the provision recorded on Coface equity investments(reversalof provisionof €111.9million). Net income after tax was €1,678 millionversus €1,621 millionin 2016. At December 31, 2017, the balance sheet totaled €410,598 millionvs. €424,543millionat December 31,2016.
PROPOSED ALLOCATION OF EARNINGS 4.3.2
Natixis’ financial statements at December 31, 2017, showed positive net income of €1,678,182,285.17 and, taking into account retained earnings of €1,107,367,314.03, showed distributableprofitsof €2,785,549,599.20.
The third resolution that will be put before the General Shareholders’Meetingon May 23,2018, proposesto: pay a total dividendof €1,160,823,288.06; a allocatethe remainingdistributableprofits to retainedearnings, a i.e. €1,624,726,311.14.
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PAYMENT TERMS 4.3.3
Pursuantto ArticleD.441-4of the FrenchCommercialCode, the followingtable breaksdown supplierinvoicesthat have been received but remainunpaidat the reportingdate (for a total amountincludingtax of €37.2million):
0 day (for reference)
Total (1 day or more)
Invoices received but still unpaid at the end of the period Total amount of invoices affected, including tax (in millions of euros) Percentage of the total amount of puchases, including tax, for the period
91 days and more
1 to 30 days
31 to 60 days
61 to 90 days
28.5
5.2
0.5
0.3
2.8
8.7
1.67% 1,615
0.30%
0.03%
0.02%
0.16%
0.51%
Number of invoices affected
679
For debt and receivablesassociatedwith NatixisSA clients,please refer to Note 37 of Chapter5.3 on assets and liabilitiesby maturity, whichprovidesinformationon their residualmaturity.
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Natixis Registration Document 2017
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