SFIL Annual financial report 2018

Consolidated financial statements in accordance with IFRS I 3 105 Annual Financial Report 2018 SFIL Management report Report on corporate governance Consolidated financial statements in accordance with IFRS Annual financial statements in accordance with French GAAP Shareholders’ Meeting of May 29, 2019 General information VALUE ADJUSTMENTS Amount after restatment phase 1 Adjustment value Phase 1 Adjustment phase 2 IFRS 9 1/1/2018 Restatment of financial assets available for sale (a) restatment of Bonds assimilated to loans and advances in IAS 39 (b) restatment of loans and advances non SPPI (c) other restatment (d) Provisions for credit risk (e) ASSETS Central banks 2,560 - - - - - 2,560 Loans and advances due from banks at fair value through net income - - - - - - - Loans and advances to customers at fair value through net income 7,168 - - (241) - 18 6,945 Liabilities at fair value through net income 6 - - - - - 6 Hedging derivatives 4,709 - - - - - 4,709 Financial assets available for sale - - - - - - - Financial assets at fair value through equity 942 - - - - - 942 Loans and advances due from banks at amortized cost 295 - - - - 0 295 Loans and advances to customers at amortized cost 43,425 - - - 199 (16) 43,607 Bonds at amortized cost 8,270 49 78 - - (5) 8,391 Fair value revaluation of portfolio hedge 2,518 - - - - - 2,518 Financial assets held to maturity - - - - - - - Current tax assets 14 - - - - - 14 Deferred tax assets 64 (17) (27) 83 (68) 3 38 Tangible assets 6 - - - - - 6 Intangible assets 29 - - - - - 29 Other assets 2,427 - - - - - 2,427 TOTAL 72,432 32 51 (158) 130 (0) 72,487