FINANCIAL REPORT 2016

2.7.8.2. Due to customers

31.12.2016

31.12.2015

(in thousands of euros)

Current accounts in credit

42407701

37734260

Other due to customers

1309987

1786659

Securities sold under repurchase agreements

2159323

2059002

CARRYING AMOUNT

45877011

41579921

2.7.9. DEBT SECURITIES AND SUBORDINATED DEBT

31.12.2016

31.12.2015

(in thousands of euros)

SUBORDINATED DEBT Fixed-term subordinated debt

250028

250017

Perpetual subordinated debt

80471

80469

CARRYING AMOUNT

330499

330486

2.7.10. INFORMATION ON THE OFFSETTING OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES Offsetting - Financial Assets

Offsetting effects on financial assets covered by master netting agreement and similar agreements

31.12.2016

Other amounts that can be offset under given conditions

Type of financial instrument

Amounts of other financial instruments received as collateral, including

Gross amounts of recognised financial liabilities set off in the financial statements

Gross amounts of financial liabilities covered by master netting agreement

Gross amounts of recognised financial assets before offsetting

Net amounts of financial assets presented in the financial statements

Net amount after all offsetting effects

(in thousands of euros)

security deposit

Derivatives

430890

430890

361387

9059

60444

Reverse repurchase agreements

8575861

8575861

8558268

17593

Securities lent

4401185

4401185

4401185

TOTAL FINANCIAL ASSETS SUBJECT TO OFFSETTING

13407936

0 13407936

361387

8567327

4479222

33