NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Consolidated financial statements and notes

Provision for credit losses 7.8 This line item primarily includes income related to the recognition of credit risk as defined by IFRS 9: cash flows on provisions and impairments for 12-month and V lifetime expected credit losses related to: debt instruments recognized at amortized cost or at fair value V through other comprehensive income, lease receivables, V loan or guarantee commitments given that do not fit the V definition of derivative financial instruments;

losses on irrecoverable loans, and recoveries of loans previously V recognized as losses. It also includes any impairments recorded in respect of proven default risks associated with counterparties of OTC instruments.

31/12/2019

31/12/2018

Write-offs not covered by provisions

Recoveries of bad debts written off Net

Write-offs not covered by provisions

Recoveries of bad debts written off Net

Net reversals

Net reversals

Charges

(in millions of euros)

Charges

Provisions for impairment of financial assets

(872)

561

(9)

4 (316)

(1,114)

1,019

(70)

14 (152)

Unimpaired financial assets – 12-month expected credit losses Unimpaired financial assets – Lifetime expected credit losses Impaired financial assets – Lifetime expected credit losses Financing commitments – 12-month expected credit losses Financing commitments – Lifetime expected credit losses Impaired financing commitments – Lifetime expected credit losses

(74)

61

0

0 (13)

(70)

61

0

0 (10)

(244)

266

0

0 22

(326)

418

0

0 92

5

(554) (275)

234 262

(9) (2)

4 (325) 0 (15)

(718) (361)

540 301

(70)

14 (234) 0 (63)

Contingency reserves

(3)

(29)

26

0

0 (3)

(30)

31

0

0

1

(166)

174

0

0

8

(192)

227

0

0 35

(75)

50 11

(0) (2)

0 (25)

(31)

34

(1) (3)

0

2

Other

(5)

0

4

(108)

9

0 (101) 14 (215)

TOTAL

(1,147)

823

(11)

4 (332)

(1,475)

1,320

(74)

Of which:

Reversals of surplus impairment provisions Reversals of utilized impairment provisions Sub-total reversals

823

1,320

194

286

1,017

1,606

Write-offs covered by provisions Total net reversals

(194)

(286) 1,320

823

287

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019