NATIXIS - Universal registration document and financial report 2019

5 FINANCIAL DATA

Consolidated financial statements and notes

Furthermore, goodwill on entities consolidated using the equity method amounted to €3.3 million at December 31, 2018. Certain goodwill recorded for the United States gives rise to a tax amortization over 15 years due to the difference between the

carrying amount of the goodwill and its tax value. This difference in treatment generated a deferred tax liability of €335.8 million as at December 31, 2018.

Due to banks and customer deposits 8.13 Amounts due to banks and customer deposits are presented by type accordance with IFRS 9 within other financial liabilities using the of deposit (demand or term deposits). They are measured in amortized cost method.

8.13.1 (in millions of euros) Current accounts Deposits and loans

Due to banks

31/12/2018

31/12/2019

5,080

3,858

59,888

60,532

Repurchase agreements Security deposits received

6,888

8,755

65

88

Other liabilities

5

1

TOTAL (a)

71,927

73,234

Including €1,509 million for the insurance entities at December 31, 2019, versus €4,358 million at December 31, 2018. (a) The fair value of debts due to banks is provided in Note 8.5.4.

8.13.2 (in millions of euros) Current accounts Deposits and loans

Amounts due to customers

31/12/2018

31/12/2019

23,529

22,740 11,031

4,764

Repurchase agreements Special savings accounts

121 294 301

63

201 347

Factoring accounts

Security deposits received Other liabilities

1,449

1,579

Accrued interest

27

30

TOTAL (a)

30,485

35,991

The fair value of customer deposits is presented in Note 8.5.4. (a)

Debt securities 8.14 Debt securities (interest-bearing notes, interbank market securities, etc.) are broken down by type of security, excluding subordinated securities which are included within “Subordinated debt”.

(in millions of euros)

31/12/2018

31/12/2019

Money market instruments

44,127

32,021

Bonds

1,492 1,756

1,471 1,466

Other debt securities

TOTAL (a) (b)

47,375

34,958

Including €438.7 million for the insurance entities at December 31, 2019, versus €448.3 million at December 31, 2018. (a) The fair value of debt securities is presented in Note 8.5.4. (b)

324

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019