NATIXIS - Universal registration document and financial report 2019

5 FINANCIAL DATA

Consolidated financial statements and notes

Provisions and impairment 8.16 The table below does not include value adjustments for credit losses associated with financial assets at amortized cost (see Note 6.1.3) , or at fair value through other comprehensive income (see Note 6.1.4) , or loan and guarantee commitments given (see Note 6.21) .

At December 31, 2019

Reversal (utilized provisions)

Reversal (surplus provisions)

Translation adjustments

(in millions of euros)

01/01/2019

Increase

Other

31/12/2019

Counterparty risks

888

275

(1)

(263)

15

1

916

Financing and guarantee commitments

105 768

270

(0) (0) (0) (1) (1)

(250)

1

2 0

127 779

Litigation (a)

0 5 4 4 0 0

(3)

14

Other provisions Impairment risks

15 22 21

(10)

0 1 1 0 0 5 2

(1)

10 24 24

(1) (1) (0)

0 0 0 0

Long-term investments Real estate developments

0 0

0 0

0 0

Other provisions

0

Employee benefit obligations

584 188

90 51

(176)

(15) (17)

36 (3)

524 179

Operational risks (b) TOTAL CONTINGENCY RESERVES

(42)

1,681 1,642 The table does not include value adjustments for credit losses associated with financial assets at fair value through other comprehensive income. of which €551 million of provisions at December 31, 2019 for Madoff fraud exposure (see Section 3.2.9 of Chapter 3 “Risk factors, risk management (a) and Pillar III”). of which €10.5 million of provisions for restructuring costs at December 31, 2019 in respect of the Coface plan. (b) 420 (220) (296) 23 35

At December 31, 2018

Reversal (utilized provisions)

Reversal (surplus provisions)

Translation adjustments

(in millions of euros)

Other (c)

01/01/2018 Increase

31/12/2018

Counterparty risks

827

360

(301)

40

(38)

888

Financing and guarantee commitments

159 646

253

(292)

2

(17)

105 768

Litigation (a)

86 22

37

(1)

Other provisions Impairment risks

21 35 21

(9) (2)

1

(19) (15)

15 22 21

7 3

(4) (3)

Long-term investments Real estate developments

0 0

Other provisions

14

4

(1)

(2)

(14)

Employee benefit obligations Operational risks (b) TOTAL CONTINGENCY RESERVES

671 349

105

(93)

(6)

4 2

(98) (26)

584 188

84

(146)

(75)

1,882 1,681 The table does not include value adjustments for credit losses associated with financial assets at fair value through other comprehensive income. of which €543.4 million of provisions at December 31, 2018 for Madoff fraud exposure (see Section 3.2.9 of Chapter 3 “Risk factors, risk management (a) and Pillar III”). of which €11.4 million of provisions for restructuring costs at December 31, 2018 in respect of the Coface plan. (b) of which -€119 million for the SFS business lines recognized in non-current assets held for sale as at December 31, 2018 (see Notes 3.6 and 4.1). (c) 557 (243) (384) 46 (177)

326

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019