CFM Indosuez Wealth Management // Annual report 2021

88 FINANCIAL ASSETS AT AMORTISED COST: LOANS AND RECEIVABLES DUE FROM CREDIT INSTITUTIONS Performing assets Assets subject to 12-month ECL (Stage1) Assets subject to lifetime ECL (Stage 2) Impaired assets (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 carrying amount (a) Impairment for credit losses (b) Net book value (a) + (b) As at 31 December 2020 1,670,786 -218 1,670,786 -218 1,670,568 Transfers of assets during their lifetime from one stage to another Transfers from Stage 1 to Stage 2 Transfers from Stage 2 to Stage 1 Transfers to Stage 3 (1) Return from Stage 3 to Stage 2/Stage 1 Total after transfers 1,670,786 -218 0 0 0 0 1,670,786 -218 1,670,568 Changes in gross book values and value adjustments for losses -254,304 -10 0 0 0 0 -254,304 -10 -254,314 New production: purchase, grant, origination, etc. (2) 4,460,488 -422 4,460,488 -422 4,460,066 Derecognition: sale, redemption, expiration, etc. -4,741,624 420 -4,741,624 420 -4,741,204 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 26,832 -8 26,832 -8 26,824 Total 1,416,482 -228 0 0 0 0 1,416,482 -228 1,416,254 Changes in book value attributable to specific accounting valuation terms (with no significant impact on the value adjustment) (3) -165 -165 -165 As at 31 December 2021 1,416,317 -228 0 0 0 0 1,416,317 -228 1,416,089 Outstanding amounts of financial assets under contracts that were written off during the period and are still subject to enforcement measures (1) Transfers to Stage 3 correspond to assets initially classified in Stage 1, which were downgraded directly to Stage 3 or those downgraded to Stage 2 and then Stage 3 during the year. (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.

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