CFM INDOSUEZ Wealth Management - 2020 Annual Report

78 FINANCIAL ASSETS AT AMORTISED COST: LOANS AND RECEIVABLES DUE FROM CREDIT INSTITUTIONS 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 carrying amount (a) Impairment for credit losses (b) Net book value (a) + (b) At 31 December 2019 1,649,869 -189 - - - - 1,649,869 -189 1,649,680 Transfers of assets during their lifetime from one bucket to another Transfers fromBucket 1 to Bucket 2 Transfers fromBucket 2 to Bucket 1 Transfers to Bucket 3 (1) Transfers fromBucket 3 to Bucket 2/Bucket 1 Total after transfers 1,649,869 -189 - - - - 1,649,869 -189 1,649,680 Changes in gross book values ​ and value adjustments for losses 20,954 -29 20,954 -29 New production: purchase, grant, origination, etc. (2) 3,579,670 -883 3,579,670 -883 Derecognition: sale, redemption, expiration, etc. -3,541,373 814 -3,541,373 814 Write-offs Changes in cash flows on loans restructured due to financial difficulties Changes in credit risk inputs of models over the period Changes in the model / methodology Scope changes Other -17,343 40 -17,343 40 Total 1,670,786 -218 1,670,786 -218 1,670,568 Changes in book value attributable to specific accounting valuation terms (with no significant impact on the value adjustment) (3) At 31 December 2020 1,670,786 -218 1,670,786 -218 1,670,568 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 in Bucket 2 may include assets initially classified in Bucket 1 which were reclassified to Bucket 2 during the period. (3) Includes changes in the fair value revaluation of micro-hedged instruments instruments, changes relatives à la désactualisation des décotes constatées sur crédits restructurées (reprise en PNB sur la maturité résiduelle de l’actif), les variations des créances rattachées.