NATIXIS_REGISTRATION_DOCUMENT_2017

FINANCIAL DATA Parent company financial statements and notes

BONDS, SHARES AND OTHER FIXED VARIABLE-INCOME SECURITIES

NOTE 5

2017

2016

Securities held for trading

Securities held for sale

Securities held for investment

Securities held for trading

Securities held for sale

Securities held for investment

Total

Total

Government securities and equivalent (b) Gross value (a)

18,160

5,313

655 24,128 16,550

5,687

781 23,018

Premiums/discounts

160

160

354

1 1

355

Accrued interest

4

42

46

11

46

58

Write-downs

0

0

Net carrying amount

18,164

5,515

655 24,334 16,561

6,087

783 23,431

Bonds and other fixed-income securities (b)(c) Gross value(a)

5

17,721

5,036

125 22,882 18,221

5,321

1,276 24,818

Premiums/discounts

(38)

(38)

32 26

0

32 56

Accrued interest

21

21

30

Write-downs

(76)

(76)

(105) 5,274

0

(105)

Net carrying amount

17,721

4,943

125 22,789 18,221

1,306 24,801

Shares and other variable-income securities (b)(d) Gross value

43,780

1,300

45,080 39,992

1,396

41,388

Accrued interest

0

0

Write-downs

(23)

(23)

(29)

(29)

Net carrying amount 41,359 For these categories of securities, the gross values shown in the “Securities held for sale” and “Securities held for investment” columns are (a) redemption value. Of which securities loaned for €17,079 million at December 31, 2017 versus €15,695 million at December 31, 2016. (b) Of which Bonds and other listed fixed-income securities for €18,856 million at December 31, 2017 versus €18,488 million at December 31, 2016. (c) Of which Shares and other listed variable-income securities for €44,705 million at December 31, 2017 versus €40,128 million at December 31, (d) 2016. total amount of securities held for investment sold before maturity totaled €15 million in 2017, compared with €38 million for fiscal year 2016. The 43,780 1,277 45,057 39,992 1,367

Transfers of securities between categories

Therewere no transfersof securitiesbetweencategoriesin 2016or 2017.

Unrealized capital gains and losses in the investment portfolio

2017

2016

(in millions of euros)

Government securities and equivalent Unrealized capital gains

30

17

Unrealized capital losses

0

0

Bonds and other fixed-income securities Unrealized capital gains

17

13

Unrealized capital losses

(89)

(118)

Shares and other variable-income securities Unrealized capital gains

274 (24)

271 (30)

Unrealized capital losses

357

Natixis Registration Document 2017