FINANCIAL REPORT 2017

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

31.12.2017

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

security deposit

(in thousands of euros)

Derivatives

343263

343263

237274

24652

81337

Reverse repurchase agreements

4595388

4595388

4595388

0

Securities lent

1948499

1948499

1948499

TOTAL FINANCIAL ASSETS SUBJECT TO OFFSETTING

6887150

0

6887150

237274

4620040

2029836

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

security deposit

(in thousands of euros)

430890

430890

361387

9059

60444

Derivatives

Reverse repurchase agreements

8575861

8575861

8558268

17593

4401185

4401185

4401185

Securities lent

TOTAL FINANCIAL ASSETS SUBJECT TO OFFSETTING

13407936

0 13407936

361387

8567327

4479222

34