NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Consolidated financial statements and notes

Financial liabilities under the fair value option and credit risk 8.1.2.2 The carrying amount of financial liabilities designated at fair value through profit or loss corresponds to their fair value shown on the balance sheet. The amount contractually due on loans at maturity represents the principal amount outstanding at the reporting date, plus any accrued interest not yet due. The amount contractually due on securities represents their redemption value. Financial liabilities under the fair value option for which credit risk is recognized in shareholders’ equity

31/12/2019

31/12/2018

Cumulative changes in the fair value of financial liabilities, designated at fair value through profit or loss, attributable to credit risk

Cumulative changes in the fair value of financial liabilities, designated at fair value through profit or loss, attributable to credit risk

Difference between carrying amount and amount contractually due at maturity

Difference between carrying amount and amount contractually due at maturity

Amount contractually due at maturity

Amount contractually due at maturity

Carrying amount

Carrying amount

(in millions of euros)

Debt securities (a)

24,659

23,921

738

115

22,032

24,547

(2,515)

(111)

Subordinated debt (a)

100

100

0

(1)

100

101

(1)

(4)

TOTAL (b) (115) Balancing payments relating to the early redemption of Natixis issues recognized in shareholders’ equity over the 2019 fiscal year totaled -€2 million versus (a) €5.3 million over the 2018 fiscal year. The fair value, determined using the calculation method described in Note 8.5, recorded in respect of internal credit risk on Natixis issues, totaled €113.5 million (b) at December 31, 2019 versus -€114.9 million at December 31, 2018. Besides changes in the outstanding amount, this difference reflects changes in the Natixis spread since the close of the previous year’s accounts. 24,759 24,021 738 114 22,132 24,648 (2,516)

5

Financial liabilities under the fair value option for which credit risk is recognized in net income

31/12/2019

31/12/2018

Difference between carrying amount and amount contractually due at maturity

Difference between carrying amount and amount contractually due at maturity

Amount contractually due at maturity

Amount contractually due at maturity

Carrying amount

(in millions of euros)

Carrying amount

Due to banks

96

92

4

67

64

3

Customer deposits

139

140

(1)

123

126

(3)

Other liabilities

3,699 3,933

3,699 3,930

0 3

4,389 4,579

4,389 4,579

0 0

TOTAL

291

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019