SFIL Annual financial report 2018

4 I Annual financial statements in accordance with French GAAP 114 SFIL Annual Financial Report 2018 Off-balance sheet items as of December 31, 2018 EUR millions Note 12/31/2017 12/31/2018 COMMITMENTS GRANTED 4.1 11,148 18,882 Financing commitments 3,078 6,554 Guarantees granted 3,247 7,383 Other commitments granted 4,823 4,945 COMMITMENTS RECEIVED 4.2 13,306 23,238 Financing commitments 10,058 15,853 Guarantees received 3,248 7,385 Forward commitments - - Other commitments received - - OTHER COMMITMENTS 4.3 39,935 42,240 Foreign currency transactions 7,319 7,938 Interest rate derivatives 32,616 34,302 Commitments related to securities transactions - - Income statement EUR millions Note 2017 2018 Interest income 5.1 16 3 Interest expense 5.1 (29) (3) Income from variable income securities 35 50 Commission income 5.2 15 9 Commission expense 5.2 (0) (0) Net gains (losses) on trading portfolio 5.3 (0) 0 Net gains (losses) on placement portfolio 5.4 (0) (3) Other income 5.5 95 93 Other expense 5.5 (0) (0) NET BANKING INCOME 132 149 General operating expense 5.6 (97) (94) Depreciation and amortization (6) (10) OPERATING INCOME BEFORE COST OF RISK 29 45 Cost of risk - - INCOME FROM OPERATIONS 29 45 Gains or losses on fixed assets - - INCOME BEFORE NON-RECURRING ITEMS AND TAXES 29 45 Non-recurring items - - Income tax 5.7 1 (1) NET INCOME 30 44 Basic earnings per share 3.23 4.73 Diluted earnings per share 3.23 4.73