CFM INDOSUEZ Wealth Management - 2019 annual report

76 CFM Indosuez Wealth Management F i n a n c i a l a s s e t s a t f a i r v a l u e t h r o u g h o t h e r c o m p r e h e n s i v e i n c o m e : D e b t s e c u r i t i e s Performing assets Assets subject to 12-month ECL (Bucket 1) Assets subject to lifetime ECL (Bucket 2) Impaired assets (Bucket 3) Total (in thousands of euros) Gross book value Impairment for credit losses Gross book value Impairment for credit losses Gross book value Impairment for credit losses Gross book value Impairment for credit losses At 31 December 2018 214,655 -68 -18 214,655 -86 Transfers of assets during their lifetime from one bucket to another Transfers from Bucket 1 to Bucket 2 Transfers from Bucket 2 to Bucket 1 Transfers to Bucket 3 (1) Transfers from Bucket 3 to Bucket 2/Bucket 1 Total after transfers 214,655 -68 -18 214,655 -86 Changes in gross book values and value adjustments for losses -214,655 68 18 -214,655 86 Fair value revaluation over the period -69 -18 -87 New production: purchase, grant, origination, etc. (2) -10 -10 Derecognition: sale, redemption, expiration, etc. -214,585 69 18 28 -214,567 97 Write-offs Changes in cash flows on loans restructured due to financial difficulties changes in credit risk inputs in models over the period Changes in the model / methodology Scope changes Other -1 -1 -1 -1 Total 0 0 0 0 0 0 0 0 Changes in book value attributable to specific accounting valuation terms (with no significant impact on the impairment amount) At 31 December 2019 0 0 0 0 0 0 Outstanding amounts of financial assets under contracts that were written off during the period and are still subject to enforcement measures (1) Transfers to Bucket 3 correspond to assets initially classified in Bucket 1, which were downgraded directly to Bucket 3 or those downgraded to Bucket 2 and then Bucket 3 during the year. (2) Originated loans classified in Bucket 2 may include assets initially classified in Bucket 1 which were reclassified to Bucket 2 during the period.