Consolidated Accounts at December 31, 2022
FINANCIAL STATEMENTS
Consolidated Balance Sheet at December 31, 2022(thousand MAD)
ASSETS Notes 12/31/2022 12/31/2021
Cash - Central banks -Public treasury- Postal cheque 23 888 146 25 737 654
Financial assets at fair value through profit or loss (FV P&L )2.1 60 853 603 70 983 392
Trading assets 59 934 617 69 909 990
Other financial assets at fair value through profit or loss 918 986 1 073 402
Derivatives used for hedging purposes
Financial assets at fair value through other comprehensive income 2.2 / 2.16 73 630 274 69 623 812
Debt instruments at fair value through other comprehensive income (recycling) 27 454 062 23 599 523
Equity instruments at fair value through other comprehensive income (non recycling) 3 123 724 2 335 472
Financial assets at fair value through other comprehensive income (Insurance) 43 052 488 43 688 817
Securities at amortised cost 2.16 / 2.18 22 227 032 18 123 778
Loans & receivables to credit institutions at amortised cost 2.3 / 2.16 35 232 452 28 606 851
Loans & receivables to customers at amortised cost 2.4 / 2.16 374 568 037 345 112 075
Remeasurement adjustment on interest-rate risk hedged portfolios
Financial investments of insurance activities
Current tax assets 277 461 194 412
Deferred tax assets 4 946 855 4 104 209
Accrued income and other assets 12 164 278 11 362 641
Non current assets held for sale 74 402 70 214
Equity-method investments 78 427 73 091
Investment property 2 439 888 2 287 509
Property, plant, equipment 2.9 6 791 872 6 926 626
Intangible assets 2.9 3 246 947 3 252 024
Goodwill 2.10 9 998 306 9 867 550
TOTAL ASSETS 630 417 980 596 325 836
LIABILITIES Notes 12/31/2022 12/31/2021
Central banks-Public treasury-Postal cheque 121 8 984
FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS (FV P&L )2.11 860 820 1 886 726
Trading liabilities 860 820 1 886 726
Other financial liabilities at fair value through profit or loss
Derivatives used for hedging purposes
Deposits from credit institutions 2.12 44 508 879 42 430 887
Deposits from customers 2.13 411 376 856 380 852 248
Notes & certificates issued 2.14 20 786 640 24 657 688
Remeasurement adjustment on interest-rate risk hedged portfolios
Current tax liabilities 2.5 1 735 495 1 414 949
Deferred tax liabilities 2.5 2 287 409 2 093 110
Accured expenses and other liabilities 2.6 18 895 210 17 601 830
Debts related to non current assets held for sale
Insurance liabilities 45 452 893 44 566 980
Provisions 2.15/2.16 3 334 393 3 101 498
Subsidies and allocated funds 151 461 145 782
Subordinated debts and special guarantee funds 2.14 18 902 367 17 772 731
Shareholders equity 62 125 436 59 792 421
Equity and related reserves 14 646 116 14 646 116
Consolidated reserves 38 849 795 37 074 545
Group share 33 414 301 31 938 248
Noncontrolling interests 5 435 494 5 136 298
Unrealized or deferred Gains losses 1 170 917 1 914 994
Group share
373 006 724 084
Noncontrolling interests 797 911 1 190 910
Net income 7 458 609 6 156 766
Group share 6 065 282 5 144 461
Noncontrolling interests 1 393 327 1 012 305
TOTAL LIABILITIES 630 417 980 596 325 836