NATIXIS_REGISTRATION_DOCUMENT_2017

FINANCIAL DATA Consolidated financial statements and notes

Restatement of the deferred margin on financial instruments 6.9.2 The table below shows the deferred day-one margin on instruments priced using valuation techniques drawing on non-observable inputs or marketmodelsnot commonlyused classifiedas Level 3 in the fair value hierarchy:at the start of the period,at the end of the period,and changesduringthe period. The instrumentson which the day-onemargin is deferredare describedin Note 5.6.

12.31.2017

12.31.2016

(in millions of euros)

Deferred margin at the beginning of the period

74

82 53

Margin arising on new transactions Margin recognized during the period

100 (97)

(62)

Other changes DEFERRED MARGIN AT THE END OF THE PERIOD

76

74

Insurance accrual accounts 6.9.3 Insurance accrual accounts – Assets 6.9.3.1

5

12.31.2017

12.31.2016

(in millions of euros)

Reinsurers’ share of technical reserves

11,412

9,503 1,186

Insurance receivables Reinsurance receivables Accrued premium income Deferred acquisition costs

1,252

33

46

173 699

181 670

Other

3

TOTAL

13,570

11,589

Insurance accrual accounts - Liabilities 6.9.3.2

12.31.2017

12.31.2016

(in millions of euros)

Insurance liabilities Reinsurance liabilities

507 179

316 120

Cash deposits received from reinsurers

9,042

8,539

Other liabilities

3

TOTAL

9,728

8,978

269

Natixis Registration Document 2017