NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Consolidated financial statements and notes

8.7

Other information relating to financial assets

8.7.1 The table below shows, inter alia, the carrying amount of: the underlying assets of the covered bond issues; V

Financial assets provided as security against liabilities

These instruments continue to be disclosed in the consolidated balance sheet in accordance with their original classification.

financial instruments (securities and receivables) deposited with V central banks and assignable as collateral to guarantee refinancing operations at any time.

(in millions of euros) Debt instruments

31/12/2018

31/12/2019

3,976 2,398

2,787 2,496

Loans and receivables

Other TOTAL

6,374

5,282

Financial assets transferred 8.7.2 The tables below show financial asset transfers according to the amendment to IFRS 7, which distinguishes two categories of transferred assets: transferred financial assets that are not, partially or wholly, derecognized, and transferred financial assets that are fully derecognized, for which Natixis maintains continuing involvement. A financial asset is partially or wholly transferred if Natixis transfers the contractual rights to collect cash flow from the financial asset, or retains the contractual rights to collect cash flow from the financial asset but assumes a contractual obligation to pay those cash flows to one or more beneficiaries. Natixis has continuing involvement in a fully derecognized transferred financial asset if, according to the terms of the transfer, it retains contractual rights or obligations inherent in that asset or obtains or assumes new contractual rights or obligations to that asset.

8.7.2.1

Financial assets transferred

but not fully derecognized Transferred financial assets that are not derecognized are essentially composed of the following instruments: repurchased securities; V securities lending backed by cash remittals; V dry securities lending; V securitization for which the counterparties to the associated debts V have recourse only to the transferred assets. These instruments are considered transferred assets because they are the underlying assets of transactions that organize a transfer between Natixis and the assignee of ownership of the assets and the attached cash flows. They are kept on the asset side of the consolidated balance sheet because virtually all of the benefits and risks are maintained, since the securities must be returned to Natixis (unless Natixis defaults).

5

Repurchase agreements

31/12/2019

31/12/2018

Carrying amount of associated liabilities

Carrying amount of associated liabilities

Carrying amount of assets

Carrying amount of assets

(in millions of euros)

Financial assets at fair value through profit or loss Financial assets at fair value through equity Loans and receivables at amortized cost TOTAL

9,208

8,989

7,455

6,648

9,208

8,989

7,455

6,648

Securities lending

31/12/2019

31/12/2018

Carrying amount of assets

(in millions of euros)

Carrying amount of assets

Financial assets at fair value through profit or loss Financial assets at fair value through equity TOTAL

4,255

2,071

4,255

2,071

317

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019