FINANCIAL REPORT 2017

Financial liabilities 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

(in thousands of euros)

Total 31.12.2017

Financial liabilities not measured at fair value on balance sheet DUE TO CREDIT INSTITUTIONS

4782166

0

4782166

0

1291567

1291567

Current accounts and overnight borrowing

20558

20558

Accounts and term deposits

3470041

3470041

Securities sold under repurchase agreements

-

Other

DUE TO CUSTOMERS

48428571

0

48428571

0

48202750

48202750

Current accounts in credit

-

Special savings accounts

173313

173313

Other amounts due to customers

52508

52508

Securities sold under repurchase agreements

Cash deposits received from cedants and retrocessionaires against technical insurance commitments

-

SUBORDINATED DEBT

110023

110023

TOTAL FINANCIAL LIABILITIES OF WHICH FAIR VALUE IS DISCLOSED

53320760

0

53320760

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

(in thousands of euros)

Total 31.12.2017

FINANCIAL ASSETS HELD-FOR-TRADING

259643

0

259643

0

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

259643

259643

21847912

21828551

19361

0

4241248

4241248

Treasury bills and similar securities

17587173

17587116

57

Bonds and other fixed income securities

19491

187

19304

Equities and other variable-income securities

HEDGING DERIVATIVE INSTRUMENTS

83620

83620

TOTAL FINANCIAL ASSETS MEASURED AT FAIR VALUE

22191175

21828551

362624

0

41

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