NATIXIS - Universal registration document and financial report 2019

5 FINANCIAL DATA

Consolidated financial statements and notes

8.4.2

Equity instruments at fair value through other comprehensive income

31/12/2019

31/12/2018

Dividends recognized over the period

Derecognition over the period

Dividends recognized over the period

Derecognition over the period

Equity instruments derecognized during the period

Equity instruments derecognized during the period

Equity instruments held at 31/12/2018

Cumulative profit or loss on date of sale

Equity instruments held at 31/12/2018

Cumulative profit or loss on date of sale

Fair value on date of sale

Fair value on date of sale

Fair value

(in millions of euros)

Fair value

Investments in unlisted and unconsolidated companies Other equity instruments TOTAL

513

30

0

4

1

126

2

0

12

(4)

513

30

0

4

1

126

2

0

12

(4)

8.5

Fair value of financial assets and liabilities carried

at fair value in the balance sheet For financial reporting purposes, the fair value of financial and non-financial instruments has been broken down in accordance with a fair value hierarchy that reflects the observability of the models and parameters used to make these assessments (see Note 6.6) . The three levels of the fair value hierarchy are presented below.

For derivative instruments, fair values are broken down based on the dominant risk factor, i.e. primarily interest rate risk, foreign exchange risk, credit risk and equity risk:

31/12/2019

31/12/2018

Assets (in millions of euros)

Carrying amount Level 1 Level 2 Level 3

Carrying amount

Level 1 Level 2 Level 3

Financial assets held for trading

163,461 47,785 112,452

3,224 152,037 31,342 117,806

2,889

o/w debt instruments in the form of securities

15,004 11,870 36,160 35,915

2,793

341 12,190

7,976

4,139

75

o/w equity instruments o/w loans and receivables o/w security deposits paid

185

60 22,761 22,701

60

94,583 17,715

91,760 17,715

2,823 99,184

96,370

2,814

17,903

665 17,238

Derivative instruments not eligible for hedge accounting (positive fair value)

60,880 43,673 12,743

924 57,749 2 42,931

2,207 57,161 741 36,401 976 13,021

1,449 53,162

2,548

o/w interest rate derivatives o/w currency derivatives

2 36,277

122

11,767

11,722

1,299

o/w credit derivatives o/w equity derivatives

602

373

229 262

979

254

725 402

3,368

679 243

2,427

6,272

1,193

4,677

o/w other

495

251

487

254

233

Financial instruments to be valued at fair value through profit or loss

4,415

1,313

1,793

1,308

4,886

1,308

2,088

1,490

o/w equity instruments

835

222

0

613 647

752

175

0

577 862

o/w debt instruments in the form of securities

1,865 1,715

1,091

127

2,263 1,871

1,134

268

o/w loans and receivables

1,666

49

1,820

51

Financial assets designated under the fair value option

45 43

45 43

2 0 2

2

0 0

o/w debt instruments in the form of securities

o/w loans and receivables Hedging derivatives (assets) o/w interest rate derivatives

2

2

2

325 325

325 325 585

306 306

306 306 886

Financial assets at fair value through equity

12,076 11,171

321 10,798

9,864

48 48

o/w equity instruments

514

184

8

321

126

78

0

o/w debt instruments in the form of securities

11,563 10,987

576

0 10,672

9,786

886

o/w loans and receivables TOTAL

241,202 61,193 172,948

7,060 225,190 43,963 174,251

6,975

300

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019