FINANCIAL REPORT 2015

Financial assets recognised at cost and measured at fair value on the balance sheet

Quoted prices in active markets for identical instruments: LEVEL 1

Valuation based on observable data: LEVEL 2

Valuation based on unobservable data: LEVEL 3

Total 31.12.2015

(in thousands of euros)

FINANCIAL ASSETS NOT MEASURED AT FAIR VALUE ON BALANCE SHEET DUE TO CREDIT INSTITUTIONS

7 247 744

0

7 247 744

0

Current accounts and overnight borrowing

1 631 102

1 631 102

Accounts and term deposits

40 602

40 602

Securities sold under repurchase agreements

5 576 040

5 576 040

Other

-

DUE TO CUSTOMERS

41 579 921 37 734 260

0

41 579 921 37 734 260

0

Current accounts in credit

Special savings accounts

-

Other amounts due to customers Securities sold under repurchase agreements Cash deposits received from cedants and retrocessionaires against technical insurance commitments

1 786 659

1 786 659

2 059 002

2 059 002

-

SUBORDINATED DEBT

330 486

330 486

TOTAL FINANCIAL LIABILITIES OF WHICH FAIR VALUE IS DISCLOSED

49 158 151

0

49 158 151

0

2.10.2. INFORMATION ABOUT FINANCIAL INSTRUMENTS MEASURED AT FAIR VALUE

Financial instrument measured at fair value broken down by fair value hierarchy

Amounts presented below include accrued interest and are net of impairment.

Financial assets measured at fair value

Quoted prices in active markets for identical instruments: LEVEL 1

Valuation based on observable data: LEVEL 2

Valuation based on unobservable data: LEVEL 3

Total 31.12.2015

(in thousands of euros)

FINANCIAL ASSETS HELD-FOR-TRADING Securities held-for-trading - Treasury bills and similar securities Derivative instruments AVAILABLE-FOR-SALE FINANCIAL ASSETS

339 042

0

339 042

0

339 042

339 042

20 562 362

20 555 275

7 087

0

Treasury bills and similar securities

6 582 148

6 582 148

Bonds and other fixed income securities

13 972 839

13 972 839

Equities and other variable-income securities

7 375

288

7 087

HEDGING DERIVATIVE INSTRUMENTS

18 180

18 180

TOTAL FINANCIAL LIABILITIES OF WHICH FAIR VALUE IS DISCLOSED

20 919 584

20 555 275

364 309

0

42