FINANCIAL REPORT 2017

2.5.2.2. Derivative instruments: total commitments

31.12.2017

31.12.2016

(in thousands of euros)

INTEREST RATE INSTRUMENTS:

43355517

25449669 6860000 18589669

• Futures

• Interest rate swaps

43355517

CURRENCY AND GOLD:

-3 -3

928 928

• Currency Futures • Currency options OTHER: • Credit derivatives SUBTOTAL

0

0

43355514 25450597

• Forward currency transactions

91223503

79126794

TOTAL

134579017

104577391

2.5.2.3. Foreign exchange risk Foreign exchange is the risk of a change of value of a financial instrument due to a change in a currency’s value.

2.5.2.4. Liquidity and financing risk Liquidity and financing risk is the risk of loss if the company is unable to meet its financial commitments in timely fashion and at reasonable prices when they reach maturity.

These commitments include obligations to depositors and suppliers, as well as commitments in respect of loans and investments.

2.5.2.4.1. Loans and receivables to credit institutions and customers by remaining maturity

31.12.2017

> 3 months up to ≤ 1 year

> 1 year up to ≤ 5 years

(in thousands of euros)

≤ 3 months

> 5 years Unspecified

Total

Loans and receivables to credit institutions Loans and receivables to customers

20604797

6386

8590890

500093

1758 29703924

3863542

329910

4193452

TOTAL

24468339

336296

8590890

500093

1758 33897376

IMPAIRMENT NET CARRYING AMOUNT

33897376

31.12.2016

> 3 months up to ≤ 1 year

> 1 year up to ≤ 5 years

(in thousands of euros)

≤ 3 months

> 5 years Unspecified

Total

Loans and receivables to credit institutions Loans and receivables to customers

17855543

701750

8158368

1700675

28416336

6813680

234128

7047808

TOTAL

24669223

935878

8158368

1700675

0 35464144

IMPAIRMENT NET CARRYING AMOUNT

35464144

24