FINANCIAL ASSETS AT AMORTISED COST: LOANS AND RECEIVABLES DUE FROM CLIENTS Performing assets Impaired assets Assets subject to an ECL at 12 months (Stage 1) Assets subject to an ECL at maturity (Stage 2) (Stage 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 Net book value (a) (b) (a) + (b) As at 31 December 2022 3,700,444 -1,024 52,448 -210 15,107 - 6,071 3,767,999 - 7,305 3,760,694 Transfers of assets during their lifetime from one stage to another 23,205 0 -26,230 0 3,025 -147 0 -147 Transfers from Stage 1 to Stage 2 -159,839 1 159,839 -1 0 0 Transfers from Stage 2 to Stage 1 186,069 -1 -186,069 1 0 0 Transfers to Stage 3 (1) -3,026 1 0 0 3,026 -148 0 -147 Return from Stage 3 to Stage 2/Stage 1 1 -1 0 0 -1 1 0 0 Total after transfers 3,723,649 -1,024 26,218 -210 18,700 -6,786 3,768,567 -8,020 3,760,547 Changes in gross book values and value adjustments for losses -592,721 202 -8,271 -176 -2,096 -933 -603,088 -907 New production: purchase, grant, origination, etc. (2) 1,603,770 -1,309 11,176 -3,295 1,614,946 -4,604 Derecognition: sale, redemption, expiry, etc. -2,193,448 1,480 -19,448 3,110 -1,808 221 -2,214,704 4,811 Write-offs -10 10 -10 10 Changes in cash flows on loans restructured due to financial difficulties 0 0 0 0 Changes in credit risk inputs of models over the period -1,179 -1,179 Changes in the model / methodology 0 Changes in scope 0 0 Other -3,043 31 1 9 -278 15 -3,320 55 Total 3,130,928 -822 17,947 -386 16,604 -7,719 3,165,479 -8,927 3,156,552 Changes in book value attributable to specific accounting valuation terms (with no significant impact on the value adjustment) (3) 21,236 7,661 28,897 As at 31/12/2023 3,152,164 -822 17,947 -386 24,265 -7,719 3,194,376 -8,927 3,185,449 Outstanding amounts of financial assets under contracts that were written off during the period and are still subject to enforcement measures 0 0 0 0 0 0 0 (1) Transfers to Stage 3 correspond to outstandings initially classified in Stage 1 which, during the year, were downgraded directly to Stage 3, or to Stage 2 and then to Stage 3. (2) Originated loans in Stage 2 may include assets initially classified in Stage 1 which were reclassified to Stage 2 during the period. (3) Includes variations in fair value adjustments of micro-hedged instruments, variations relating to use of the EIR method (notably the amortisation of premiums/ discounts), and variations relating to the accretion of discounts on restructured loans (restated as NBI over the remaining term of the asset), and variations in the related receivables. CFM Indosuez Wealth Management 88
RkJQdWJsaXNoZXIy NzMxNTcx