NATIXIS_REGISTRATION_DOCUMENT_2017

5 FINANCIAL DATA

Consolidated financial statements and notes

Provision for credit losses 7.7 This line item mainly reflects net risk recorded on lending transactions: net provisions for reversals of individual and collective provisions,loans and receivableswrittenoff duringthe periodand recoverieson bad debtswrittenoff. It also includesany impairmentsrecordedin respectof provendefaultrisks associatedwith counterpartiesof OTC instruments. “Impairment of individual loans” includes impairment recognized against securities classified as “Loans and receivables” and fixed-incomesecuritiesclassifiedwithinavailable-for-salefinancialassets.

12.31.2017

12.31.2016

Write-offs not covered by provisions

Write-offs not covered by provisions

Recoveries of bad debts written off

Recoveries of bad debts written off

Net reversals

Net reversals

Charges

Net

Charges

Net

(in millions of euros) Contingency reserves Financing commitments

(101)

39

(62)

(30)

28

(2)

(27) (75)

34

7

(4)

7

3

Other

5

(70)

(26)

21

(5)

Provisions for impairments of financial assets

(396)

246

(53)

6 (196)

(532)

258

(51)

22 (303)

Provision for credit losses

(497)

286

(53)

6 (258)

(562)

286

(51)

22 (305)

o/w

Reversals of surplus impairment provisions Reversals of utilized impairment provisions Sub-total reversals: Write-offs covered by provisions Total net reversals:

286

285

319

331

604

616

(319)

(331)

286

285

Gains or losses on other assets 7.8 This itemcomprisescapital gains and losseson the disposalof property,plant and equipmentand intangibleassetsused in operations, as well as capitalgains and losseson the disposalof investmentsin consolidatedcompanies.

12.31.2017

12.31.2016

Property, plant and equipment and intangible assets (b)

Property, plant and equipment and intangible assets (d)

Investments in consolidated companies (a)

Investments in consolidated companies (c)

TOTAL

Total

(in millions of euros)

Net capital gains/(losses) on disposals

53

(4)

48

48

127

175

TOTAL 175 Including +€21.5 million on the disposal of Ellisphère and IJCOF, +€9.9 million on the disposal of the two Caspian Private Equity companies, and (a) +€18.1 million from the liquidation of Nexgen Financial Holding. Primarily for discarding software programs. (b) At December 31, 2016, disposals mainly related to, in the Investment Solutions Division, Capital Growth Management for +€17.5 million, Reich (c) and Tang for €4.8 million, Snyder for +€8.3 million, as well as Kobrick for -€0.6 million and in terms of Corporate Data Solutions, the disposals of HCP NA LLC and Altus for +€10.9 million and Graydon for +€6.9 million. At December 31, 2016, disposals mainly related to the sale of operating property by the Specialized Financial Services Division for €30 million (d) (gross amount) and by the Corporate center for €96.7 million (gross amount). 53 (4) 48 48 127

290

Natixis Registration Document 2017