FINANCIAL REPORT 2016

1.5 STATEMENTOF CHANGES INEQUITY

Group

Share capital and reserves

Capital & consol- idated reserves, Group share

Premiums and consolidated reserves

Elimination of treasury shares

Share Capital

(in thousands of euros)

EQUITY AT 1 JANUARY 2015

633000 1424980

0 2057980

Capital increase Change in treasury shares held Dividends paid in 2015

-36731

-36731

Dividends received from regional banks and subsidiaries Impact of acquisitions/disposals on non-controlling interests Changes due to share-based payments CHANGES DUE TO TRANSACTIONS WITH SHAREHOLDERS CHANGE IN OTHER COMPREHENSIVE INCOME Share of changes in equity in equity- accounted entities Net income at 31/12/2015 Other changes

0

-36731

-36731

563

563

EQUITY AT 31 DECEMBER 2015

633000

1388811

0 2021811

Allocation of 2015 results

114370

114370

EQUITY AT 1 JANUARY 2016

633000

1503181

0 2136181

Capital increase

21000

17156

38156

Change in treasury shares held Dividends paid in 2016

-38156

-38156

Dividends received from regional banks and subsidiaries Impact of acquisitions/disposals on non-controlling interests Changes due to share-based payments CHANGES DUE TO TRANSACTIONS WITH SHAREHOLDERS

1175

1175

21000

-19826

1174

CHANGE IN OTHER COMPREHENSIVE INCOME Share of changes in equity in equity- accounted entities Net income at 31/12/2016 Other changes

0

EQUITY AT 31 DECEMBER 2016

654000

1483355

0 2137355

8