NATIXIS - Universal registration document and financial report 2019

FINANCIAL DATA Parent company financial statements and notes

Operating expenses Note 30

(in millions of euros)

2018

2019

Payroll costs

(1,339)

(1,367)

Wages and salaries

(916) (463)

(916) (364)

Social security expenses (a)

Incentive and profit-sharing plans

(60) (72)

(57) (81)

Taxes on income Rebilled expenses

30

34 17

Provisions for risks and other expenses (b)

142

Other administrative expenses Taxes other than on income (c)

(1,220)

(1,262)

(217)

(232)

External services Rebilled expenses

(1,188)

(1,209)

185

179

Depreciation, amortization and impairment of property, plant and equipment and intangible assets

(79) (79)

(77) (77)

Charges TOTAL

(2,638)

(2,706)

Of which pension costs of €198 million at December 31, 2019 versus €111 million at December 31, 2018. (a) Of which a provision reversal of €114 million in 2019 for the Institution de Prévoyance Austerlitz. (b) Including a contribution of €166 million to the Single Resolution Fund (SRF) at December 31, 2019, versus €157 million at December 31, 2018. (c)

5

Provision for credit losses Note 31

(in millions of euros)

2018

2019 (303) (286) (393)

Provision for credit losses on assets

(185) (164) (361)

Non-performing loans: Impairment charges

Reversals of impairment charges

268

459

Losses covered

(184)

(224)

Losses not covered

(2) 25

(39)

Recoveries of bad debts written off

1

Securities:

(17) (24)

(21) (22)

Impairment charges

Reversals of impairment charges

14 (7)

2

Losses covered

(1)

Provision for credit losses on liability items

(127) (116) (131)

(43)

Country risk:

2

Charges to provisions Reversals of provisions Risks and charges: Charges to provisions Reversals of provisions

(42)

15

44

(11)

(45)

(150)

(155)

139

110

TOTAL

(429)

(228)

419

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NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019