NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Consolidated financial statements and notes

Note 8

Notes to the balance sheet

8.1

Financial assets and liabilities at fair value through profit and loss

8.1.1

Financial assets at fair value through

profit or loss The table below shows the breakdown of financial assets at fair value through profit and loss by instrument type. Financial instruments that must be measured at fair value through profit or loss include debt instruments and non-SPPI loans (for which the classification criteria are provided in Note 6.1.2), and equity instruments that we have opted not to recognize in other comprehensive income.

These assets and liabilities are measured at fair value at the reporting date, with changes in fair value, including interest, recognized in income under “Net gains or losses on financial instruments at fair value through profit and loss”, except for: interest on hedging derivatives and non-SPPI instruments recorded V as interest income and expenses in the income statement; and changes in fair value attributable to own credit risk on financial V liabilities designated at fair value through profit or loss, recorded in other comprehensive income as “Revaluation of own credit risk on financial liabilities at fair value through profit or loss”.

31/12/2019

31/12/2018

Financial assets to be valued at fair value through profit or loss (a)

Financial assets to be

Financial assets designated under the fair value option (b)

Financial assets designated under the fair value option (b)

valued at fair value through profit or loss (a)

Financial assets held for trading

Financial assets held for trading

Total

(in millions of euros)

Total

Note

5.1.1.1

5.1.1.1

5

Securities

51,164 15,004 36,160

2,700 1,865

43 43

53,907 16,912 36,995

34,950 12,189 22,761

3,015 2,263

0 0 0

37,965 14,453 23,513

Debt instruments Equity instruments Financing against reverse repos (c)

835

0

752

89,971

89,971

95,300

95,300

Loans and receivables

4,612

1,715

2 2 0

6,329 1,014 5,315

3,884

1,871 1,031

2 2 0

5,757 1,042 4,715

Banks

13

999 716

10

Customers

4,599

3,874

840

Derivative instruments not eligible for hedge accounting (c) Security deposits paid

60,880 17,715 224,342

0 0

0 0

60,880 17,715 228,802

57,161 17,903 209,198

0 0

0 0 2

57,161 17,903

TOTAL 214,086 The criteria for classifying financial assets at fair value through profit or loss if they do not meet the SPPI criterion used by Natixis are provided in Note 6.1.2. (a) Only in the case of an accounting mismatch as defined by IFRS 9 (see Note 6.1.5). (b) The information presented takes into account the impact of offsetting carried out in accordance with IAS 32 (see Note 8.3). (c) 4,415 45 4,886

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019