NATIXIS - Universal registration document and financial report 2019

5 FINANCIAL DATA

Consolidated financial statements and notes

5.3

Non-consolidated structured entities in which Natixis

is involved only as a sponsor With respect to information that must be disclosed under IFRS 12, Natixis sponsors a structured entity when both of the following indicators are met: Natixis is involved in the creation and structuring of the structured V entity; Natixis contributes to the entity’s success by transferring assets to V it or by managing the structured entity’s relevant activities. Where Natixis’ participation is simply as an advisor, arranger, custodian or placement agent, the structured entity is presumed not to be sponsored by Natixis.

Natixis plays the role of sponsor for: mutual funds initiated by a Natixis management company and in V which Natixis holds no stake or any other interest. Reported income includes management and incentive fees received by Natixis, as well as profits and losses resulting from ongoing transactions with these funds; a US activity consisting of originating and selling real estate loans V to securitization vehicles, created by Natixis with third parties and in which Natixis holds no interest. Reported income includes structuring fees as well as capital gains and losses on the assignment of receivables.

31/12/2019

31/12/2018

Securi- tization

Asset Mana- gement

Securi- tization

Asset Mana- gement

Total

(in millions of euros)

Total

Revenues drawn from the entities

3 1 1

185

188

154

154

Revenues net of interest

0

1

0

0

Revenues net of fees and commissions Net gains or losses on instruments at fair value through profit or loss Carrying value of the assets transferred from the entity during the year*

142

143

148

148

1

43

44

5

5

948 1,181 The carrying amount of assets transferred to these vehicles corresponds to the assets sold by Natixis during 2019 and 2018, if the information on the amounts * sold by all of the investors is not available. - 948 1,181 -

Financial support to structured entities 5.4 Natixis did not grant any financial support to consolidated or non-consolidated structured entities.

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019