SFIL Annual financial report 2018

Consolidated financial statements in accordance with IFRS I 3 97 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 7.1.4. Transfer between level 1 and 2 12/31/2017 12/31/2018 Level 1 to level 2 - - TOTAL - - 7.1.5. Level 3: flow analysis IAS 39 IFRS 9 Fair value of financial assets Financial assets available for sale Derivatives Financial assets at fair value through net income Financial assets at fair value through OCI Derivatives TOTAL FINANCIAL ASSETS 12/31/2017 - 560 - - - 560 IFRS 9 first time application on loans - - 6,945 - - 6,945 IFRS 9 first time application on derivatives - (560) 2 - 558 - 1/1/2018 - - 6,947 - 558 7,505 Total gains and losses through profit and loss - - - - 1 1 Total unrealized or deferred gains and losses - - (274) - 457 183 Total OCI unrealized or deferred gains and losses - - - - - - Purchase - - - 10 7 17 Sale - - - - - - Direct origination - - - - - - Settlement - - (1,089) - - (1,089) Transfer in activities destined to be sold - - - - - - Transfer to level 3 - - - - 2 2 Transfer out of level 3 - - - - (62) (62) Other variations - - - - (1) (1) 12/31/2018 - - 5,584 10 962 6,556 IAS 39 IFRS 9 Fair value of financial liabilities Derivatives Financial liabilities at fair value through net income Hedging derivatives TOTAL FINANCIAL LIABILITIES 12/31/2017 901 - - 901 IFRS 9 first time application (901) 295 606 - 1/1/2018 - 295 606 901 Total gains and losses through profit and loss - - (100) (100) Total unrealized or deferred gains and losses - 76 (139) (63) Total OCI unrealized or deferred gains and losses - - - - Purchase - - 16 16 Sale - - (126) (126) Direct origination - - - - Settlement - - - - Transfer in activities destined to be sold - - - - Transfer to level 3 - - 256 256 Transfer out of level 3 - - (94) (94) Other variations - - 4 4 12/31/2018 - 371 423 794