NATIXIS_REGISTRATION_DOCUMENT_2017

5 FINANCIAL DATA

Consolidated financial statements and notes

AT DECEMBER 31, 2016 R

12.31.2016

12.31.2016 Banking format

Insurance format Total

Gross operating income

Provision for credit losses

Net revenues Expenses

(in millions of euros)

Tax Other items Net income

Premiums written

21,733 21,733

21,733

21,733

Change in unearned premium income

(169)

(169)

(169)

(169)

Earned premiums

21,563 21,563

21,563

21,563

Banking operating income

71

71

71

71

Revenues and income from other activities

234

234

234

234

Other operating income Investment income Investment expenses

19

3

16

19

19

1,739 (247)

1,739 (237)

1,739 (247)

1,739 (247)

(9)

Capital gains and losses on disposal of investments (net of reversals, write-downs and amortization) Change in fair value of investments carried at fair value through profit or loss Change in write-downs on investments Investment income (net of expenses) Reinsurance transfer income Reinsurance transfer expenses Income and expenses net of reinsurance transfers Provision for credit losses Banking operating expenses Policy benefit expenses

125

85

85

40

125

235

235

235

235

(47)

(47)

(47)

(47)

1,805

1,774

(9)

1,765

40

1,805

(21,166)

(21,063)

(103)

(21,166)

(21,166)

1,956

1,956

1,956

1,956

(1,996)

(1,996)

(1,996)

(1,996)

(40)

(40)

(40)

(40)

(4)

(4)

(4)

(13)

(13)

(13)

(13)

Policy acquisition costs

(916)

(690)

(226)

(916)

(916)

Amortization of portfolio values and related items

(75)

(75)

(75)

Administrative costs

(681)

(324)

(357)

(681)

(681)

Other recurring operating income and expenses Other operating income and expenses

(299)

(68)

(230)

(299)

(0)

(299)

85

78

(25)

53

31 (5)

85

Operating income (loss)

582 (41)

1,537

(947)

591 (41)

(5)

582 (41)

Finance expenses

(41)

Share in income of associates

7

7

7

Income taxes

(225)

(2)

(2)

(224)

(225)

After-tax income from discontinued activities Non-controlling interests

(32)

(32)

(32)

CONSOLIDATED NET INCOME

291

1,496

(949)

548

(5)

(224)

(29)

291

320

Natixis Registration Document 2017