NATIXIS - Universal registration document and financial report 2019
FINANCIAL DATA Consolidated financial statements and notes
c) Changes in recognized amounts on the balance sheet (Changes in hedging assets) Plan assets
31/12/2019
31/12/2018
Post-employment defined-benefit plans
Post-employment defined-benefit plan
Supplementary pension benefits and other
Supplementary pension benefits and other
End-of-career awards
End-of-career awards
Total
(in millions of euros)
Total
Fair value of assets at start of period
255
102
357
270
88 18
359
Changes recorded in income
(6)
1 1 0 0 0 0 0 0
(5)
(3)
15 10
Interest income
12
14
9 1 1 0
1 0 0 0
Contributions received
3 3 0
3 3 0
1 1 0
o/w paid by employer
o/w paid by beneficiaries
Benefits paid
(21) (11)
(21) (11)
(13)
(0)
(13)
o/w amounts paid out in respect of plan liquidation
(0)
0
(0)
Other
0
0
0
17
17
Changes recognized directly in other comprehensive income with no recycling
50
1
51
(22)
2
(21)
Revaluation adjustments – Return on assets
50
1
51
(22)
2
(21)
Translation adjustments
4
0
4
11
0
11
Changes associated with non-current assets held for sale (a)
0 0
0 0 0
0 0
(0)
(6)
(6)
Changes in scope
0
0 0
0
Other (b)
119 422
119 526
(1)
(1)
Fair value of assets at end of period
104
255
102
357
Corresponds to the fair value of the plan assets, at December 31, 2018, covering the employee benefits of the SFS entities recognized in non-current assets held for sale as at December 31, 2018 (see Notes 3.6 and 4.1). (a) In 2019, Institution de Prévoyance Austerlitz was transformed into an Institution de Retraite Professionnelle Supplémentaire (IRPS – complementary occupational pension scheme), with the result that the contracts hedging (b) part of Natixis’ pension commitments were classified as plan assets.
Separate assets
5
31/12/2019
31/12/2018
Post-employment defined-benefit plans
Post-employment defined-benefit plan
Supplementary pension benefits and other
Supplementary pension benefits and other
End-of-career awards
End-of-career awards
Total
(in millions of euros)
Total
Fair value of assets at start of period
147
27
174
171
43
214
Changes recorded in income
0 0 0 0 0 0
0 0 0 0 0 0
0 0 0 0 0 0
(5)
(17)
(22)
Interest income
2 1 1 0
0 0 0 0
3 1 1 0
Plan participant contributions
o/w paid by employer
o/w paid by beneficiaries
Benefits paid
(9) (9) (0)
(0)
(9) (9)
o/w amounts paid out in respect of plan liquidation
0
0
0
0
Other
0
0
0
(17)
(17)
Changes recognized directly in other comprehensive income with no recycling
2 2 0
1 1 0 0 0 0
3 3 0
(14)
3 3 0
(10)
Revaluation adjustments – Return on assets
(14)
(10)
Translation adjustments
0
0
Changes associated with non-current assets held for sale (a)
0 0
0 0
(6)
(2) (0) (0)
(7) (0) (0)
Changes in scope
0 0
Other (b)
(117)
(117)
Fair value of assets at end of period
32
28
60
147
27
174
Corresponds to the fair value of the plan assets, at December 31, 2018, covering the employee benefits of the SFS entities recognized in non-current assets held for sale as at December 31, 2018 (see Notes 3.6 and 4.1). (a) In 2019, Institution de Prévoyance Austerlitz was transformed into an Institution de Retraite Professionnelle Supplémentaire (IRPS – complementary occupational pension scheme), with the result that the contracts hedging (b) some of Natixis’ pension commitments were classified as plan assets.
355
www.natixis.com
NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019
Made with FlippingBook Annual report