PRESENTATION OF THE TREATY ESTABLISHING

AN INTEGRATED INSURANCE ORGANIZATION

ANNEX I: CIMA Insurance Code

BOOK IV

ACCOUNTING RULES APPLICABLE TO INSURANCE ORGANIZATIONS

TITRE IV - Dispositions transitoires

Chapter III - Specific accounting plan for insurance and capitalization

Section I - The accounting framework

Article 430 Accounting Classes

The classes of the accounting framework are numbered from 1 to 8 and 0. Each class includes
main accounts (the second digit is numbered from 0 to 9. The main accounts are
eux-mêmes subdivisés en comptes divisionnaires (trois chiffres) à leur tour ventilés en sous-
accounts (four digits with the last one also numbered from 0 to 9). The digits that
Account codes are always read from left to right.

The classes of the accounting framework are arranged to separate:

- the balance sheet accounts (classes 1 to 5);

- the management accounts (classes 6 and 7) ;

- the income statements (class 8);

- special accounts (class 0).

To this end, they are presented as follows:

1. Permanent capital accounts.

2. Accounts of fixed assets.

3. Technical provisions accounts.

4. Third-party accounts.

5. Financial accounts.

6. Accounts of expenses by nature.

7. Accounts of products by nature.

8. Income statements.

9. Special accounts.

Section II - List of accounts

Article 431 List of accounts

(Amended by Decision of the Council of Ministers of April 20, 1995)
The classes mentioned in article 430 are as follows:

Class 1

Permanent capital accounts

10. Capital

100. Social capital

1000. Capital appelé

1001. Uncalled capital

Establishment Fund

1010. Fund established

1016. Remaining amount to be repaid of the loan for establishment funds

102. Fonds social complémentaire

103. Endowment fund of state-owned enterprises.

11. Reserves

110. Issuance premiums

112. Statutory reserves

113. Special reserves of net long-term capital gains

114. Reserves from equipment grants

115. Optional reserves

116. Asset renewal reserves

118. Special revaluation reserves

119. Reserves for guarantees.

12. Report again

13. Regulatory reserves

Reserve for loan repayment for establishment funds

134. Reserves for exchange rate fluctuations

14. Equipment grants received

141. Subsidies received

147. Subventions inscrites à pertes et profits

15. Provisions for losses and charges

150. Provision for guarantees of capital losses on managed securities

154. Provision for advances of commissions received from reinsurers

155. Provisions for disputes and other risks

1550. Provisions for disputes

1556. Provisions for fines and penalties

1557. Provisions for exchange losses

157. Provisions for expenses to be allocated over several periods

158. Provisions for employee benefit plans

Stranger

1599. Provision for loss of security deposit

16. Loans and other debts over one year

160. Obligations and bonds

162. Loans for guarantees

1620. In the country concerned

1629. Abroad

163. Other loans

In the country concerned

1639. Abroad

165. Advances received and blocked current accounts

166. Debts for cash security deposits of general agents

167. Debts for cash security deposits of the insured

168. Debts for surety and other security deposits received in cash

1680. Security Deposit

1685. Tenant Deposits

1688. Divers

169. State Advances

17. Liaison accounts of establishments and branches

18. Debts for cash given by the assignors and reassignors in representation
technical commitments

19. Provision for depreciation of fixed assets and securities

192. Assets covering technical provisions and guarantees

195. Investment securities not accepted as coverage for technical provisions and the
guarantees

Class 2

Fixed asset accounts

20. Establishment and development costs in the concerned country

200. Incorporation fees

2000. Frais de constitution

2008. Depreciation

201. Establishment fees

2010. Prospecting expenses

2011. Research expenses

2012. Study expenses

2013. Advertising expenses

2018. Amortization

202. Frais d'augmentation de capital ou de fonds d'établissement ou de fonds social

complementary
2020. Expenses

2028. Amortization

203. Issuance costs of bonds

2030. Expenses

2038. Depreciation

204. Acquisition costs of fixed assets

2040. Unbuilt lands

2042. Built properties

2047. Intangible assets

2048. Depreciation
20480. Unbuilt land

Built properties

20487. Intangible assets

205. Acquisition costs of contracts, deducted

2058. Depreciation

206. Redemption of bonds issued by the company

2060. Primes

2068. Amortization

Acquisition costs of operating fixed assets

Acquisition costs

Amortization

21. Investments in the country concerned

210. Unbuilt land

2100. Terrains

2102. Forests and rural exploitation

2109. Provision for depreciation of land

21090. Land

21092. Forests and rural operations

211. Shares of civil companies with real estate purpose

2110. Partie libérée

2111. Unreleased part

2119. Provision for depreciation

Built properties

2121. Terrains

2122. Constructions

2128. Amortization

2129. Provision pour dépréciation

213. Shares and actions of unlisted real estate companies

2131. Release of shares and equities of real estate companies

2132. Unreleased portion of shares and stocks of real estate companies

2138. Depreciation
2139. Provision for depreciation

214. Material

2140. Electronic and mechanical materials

2142. Other materials

2148. Amortization
215. Transportation equipment

2150. Motor vehicles

2158. Depreciations

216. Other tangible fixed assets

2160. Office furniture and equipment

2162. Arrangements, layouts, installations

2168. Depreciation

218. Intangible assets

2180. Business assets and lease rights

2189. Provision for depreciation

Operating assets

2190. Unbuilt land

21902. Various terrains

21904. Land for social works

Provision for depreciation

Built properties

Foundation grounds of buildings

21922. Constructions

Amortization

Provision for depreciation

2193. Shares and actions of real estate companies

Released party

21932. Unreleased part

Depreciation

Provision for depreciation

2198. Intangible assets

Various fixed assets

Provision for depreciation

22. Assets in progress in the country concerned

220. Land affected by ongoing construction

2200. Lands

2209. Provision for impairment of land

222. Buildings under construction

2220. Real estate

2229. Provision for depreciation of buildings

223. Shares and actions of real estate companies (properties under development)

2231. Released portion of shares and stocks of real estate companies

2232. Unreleased portion of shares and stock of real estate companies

2239. Provision for depreciation

224. Advances to real estate companies

228. Advances and deposits on fixed asset orders

229. Operating assets

2290. Terrains

Built properties

2293. Shares and actions of real estate companies

2299. Provision for depreciation

23. Securities and similar instruments held in the country concerned, assignable to the
representation of regulated commitments, belonging to the company and kept by it
(other than equity securities)

230. State quoted values

231. Values of quoted public and semi-public sectors (bonds and participating securities)

232. Other listed values (bonds and participating securities)

233. Other listed securities (stocks and other securities)

234. Shares of variable capital investment companies and units of mutual funds
placement

2341. Sicav and FCP of bonds

2346. Diversified Sicav and FCP

2347. High-risk FCP

235. Values representing the technical provisions related to life insurance operations
with variable capital

Foreign listed securities (bonds)

237. Listed foreign securities (stocks)

238. Other values

2381. Admitted without limitation

Admitted with limitation

239. Provisions for depreciation of securities and similar assets

24. Loans and similar effects applicable to the representation of regulated commitments, in the
country concerned

240. Loans to local authorities and their public administrative establishments.

Loans to public institutions of the State

242. Prêts aux organismes de construction garantis par une collectivité territoriale

Loans to mutual insurance companies

244. Loans to industrial and commercial enterprises

245. Home loans to individuals, loans to shipbuilders or to

shipowners and mortgage bonds

246. Treasury bonds and other authorized bonds

247. Advances on policies

248. Other loans

249. Provisions for loan impairment

25. Equity securities held in the country concerned

250. Listed securities - released part

2500. Shares of insurance companies

2501. Shares and actions of real estate companies

2502. Shares and actions of real estate investment companies

2503. Shares of investment companies

2504. Other values

2505. Shares of foreign insurance companies

2506. Shares and actions of real estate companies abroad

2507. Shares of foreign investment companies

2508. Other foreign values

251. Unlisted securities - released portion

2510. Shares of insurance companies

2513. Shares of investment companies

2514. Other values

2515. Shares of foreign insurance companies

2516. Shares and actions of real estate companies abroad

2517. Foreign investment company shares

2518. Other foreign values

252. Shares of variable capital investment companies and units of mutual funds
placement

2521. SICAV and FCP of bonds

2526. Diversified SICAV and FCP

2527. High-risk FCP

253. Values representing the technical provisions related to life insurance operations
with variable capital

254. Parts in associations, unions, economic interest groups and organizations

divers

255. Shares of limited liability companies or simple partnerships

256. Listed securities - part not released

2560. Shares of insurance companies

2561. Shares and actions of real estate companies

2562. Shares and actions of real estate investment companies

2563. Actions de sociétés d'investissement mobiliers

2564. Other values

2565. Actions de sociétés étrangères d'assurance

2566. Shares and actions of real estate companies abroad

2567. Shares of investment companies abroad

2568. Other foreign values

257. Listed securities - non-released part

2570. Shares of insurance companies

2573. Shares of investment companies

Other values
2575. Shares of foreign insurance companies

2576. Shares and actions of real estate companies abroad

2577. Shares of investment companies abroad

2578. Other foreign values

259. Provision for depreciation of equity securities

26. Deposits and guarantees in the country concerned

260. Security deposits made in cash by the company

Reciprocal guarantee for foreign companies

Securities

2625. Species
263. Values or assets deposited with the assignors as collateral for the acceptances of the head office (or
of the special seat)

2630. Values pledged to the assignors

26301. Fixed assets

26302. Work in progress

Securities and similar instruments assignable to the representation of commitments

regulated (other than equity securities)

Loans and similar instruments allocable to the representation of regulatory commitments

26305. Equity securities

26307. Other values

26309. Provision for depreciation of values transferred to the assignors

Receivables for cash deposited with the assignors

264. Values provided by the company as guarantees for operations other than acceptances

269. Provision for depreciation of assets deposited as collateral

27. Values guaranteeing commitments to welfare institutions or covering

investment funds managed by the company

28. Fixed assets abroad

280. Establishment fees

2805. Acquisition costs of prepaid contracts

2807. Divers

281. Fixed Assets

2810. Terrains
2812. Buildings

2813. Shares and actions of real estate companies

2814. Material

2815. Transport equipment

2816. Other tangible assets

2818. Intangible assets

2819. Immobilisations d'exploitation

282. Work in progress

2820. Terrains

Built properties

2823. Shares and actions of real estate companies

2828. Advances and deposits on fixed asset orders

Operating assets

Securities allocated to the representation of regulated commitments belonging to

to the company kept by her

State Fund

2838. Autres valeurs

Loans assignable to the representation of regulated commitments abroad

285. Equity securities

286. Deposits and guarantees

2860. Security deposits made in cash

Bonds related to insurance operations

2863. Values or funds deposited with the grantors as collateral for the acceptances of the branches at
the stranger

Values pledged to the assignors

28635. Créances pour espèces déposées chez les cédants

2864. Values pledged as collateral for operations other than acceptances

288. Amortization

289. Provision for depreciation

Class 3

Technical provision accounts

31. Technical provisions for direct life insurance operations in the country concerned

310. Primes

3104. Mathematical provisions

3105. Transfers of provisions

315. Claims

3150. For claims to be paid

3152. For capital and arrears to be paid

3153. For payables to be repurchased

3158. For participation in surpluses

32. Technical provisions for direct damage insurance operations, liability, and various risks

320. Primes

3200. For ongoing risks: premiums issued in advance

3201. For ongoing risks: other premiums

3205. For increasing risks

3206. For equalization

3207. Other provisions

3208. For refunds to be paid to policyholders

3209. For cancellation of bonuses

325. Claims

3250. For claims to be paid

3254. Mathematical provisions

3257. Other provisions

3258. For participation in the surpluses

3259. Forecasts of receivables to be collected

34. Technical provisions for life acceptances in the country concerned

340. Primes

345. Disasters
35. Technical provisions for acceptance of damages, liability insurance, and various risks in the country concerned

350. Primes

355. Claims

38. Technical provisions abroad

381. Direct life insurance operations

3810. Primes

3815. Disasters
382. Direct insurance operations for property damage, liability and various risks

3820. Primes

3825. Claims

384. Life Acceptances

3840. Primes

3845. Sinistres
385. Acceptance of damages, liability insurance, and various risks

3850. Primes

3855. Claims

39. Share of assignees and retrocessionaires in technical provisions

391. Direct life insurance operations in the country concerned

392. Direct damage insurance operations, liability and miscellaneous risks in the country concerned

3920. Primes

39201. For ongoing risks and various provisions

39208. For refunds to be paid to the insured

39209. For cancellations of premiums

3925. Disasters

39251. For claims to be paid and various provisions

39259. Forecasted claims to be collected

394. Life acceptations in the country concerned

3940. Primes

3945. Disasters

398. Operations abroad

3981. Direct life insurance operations

39810. Primes

39815. Sinistres
3982. Direct insurance operations for damage, liability and various risks

39820. Primes
39825. Claims

3984. Life acceptances

39840. Primes

39845. Claims
3985. Acceptances of damages, liability insurance, and various risks

39850. Primes

39855. Claims

Class 4
Third-party accounts

40. Reinsurers, cedents, co-insurers

400. Current accounts of assignees and retrocessionnaires

4000. Debtor balances

4001. Credit balances

404. Current accounts of transferors and transferees

4040. Debtor Discounts

4041. Creditor balances

408. Current accounts of co-insurers

4080. Debtors' balances

4081. Creditor balances

409. Provision for depreciation of the accounts of reinsurers, cedants, co-insurers

41. Insureds and brokers, general agents and other producers

410. Accounts with general agents, brokers, and other producers in the concerned country

4100. Direct insurance

411. Claims against insured, general agents, brokers, and other producers and debts towards
them (through account 410) in the country concerned

4110. Primes (brutes de commissions) nettes de taxes, sur affaires directes

4112. Commissions on premiums, direct business

4114. Taxes on premiums, direct business

4116. Debit cash balances, direct business

4118. Credit balance sales, direct business

412. Premium accounts in direct collection, in the country concerned

4120. Taxes on direct business, net of taxes

4124. Taxes on bonuses, direct business

413. Various receivables from agents and brokers and debts to them (not passing through the
account 410 and distinct from security deposits), in the country concerned

414. Various receivables from the insured and debts to them (other than due premiums, the
indemnities or other contractual benefits, security deposits and allocations
of surpluses), in the country concerned

4140. Receivables

4141. Debts

415. Contested claims in the country concerned, direct matters

416. Doubtful debts in the country concerned

4160. On the agents

4161. On the brokers

4162. On the insured

Reinsurance courtiers in the country concerned

4170. Cessions and retrocessions

41700. Receivables

41701. Debts

4174. Acceptations
41740. Receivables

Debt

418. Insured parties and brokers, general agents and other producers abroad
4182. Insurance policyholders' premium accounts

4183. Various receivables from agents and brokers and debts to them

Various receivables from insured parties and debts to them

4186. Disputed claims and doubtful debts on agents, brokers, insured

Provision for depreciation of accounts agents, brokers, producers, insured

4190. In the country concerned

Abroad

42. Personnel

420. Advances and deposits to personnel

4200. Management personnel

4201. Other administrative staff

4202. Production personnel

425. Remunerations owed to staff

4250. Management staff

4251. Other administrative staff

4252. Production personnel

426. Dépôts du personnel

Oppositions

Works council

State

Advances on loans or grants

433. Amortized beneficiary shares

435. Taxes on insurance or capitalization contracts

436. Other taxes and levies

438. Special operations with the State

44. Shareholders (or members)

440. Taxes and duties recoverable on shareholders (or members)

441. Shareholders: uncalled capital

442. Shareholders: amount due on called capital

443. Payments received on capital increase

445. Shareholders' current accounts

446. Comptes courants des administrateurs

447. Dividends (or excess to be distributed)

448. Capital à rembourser

45. Subsidiaries (or parent company)

450. Current accounts of subsidiaries

455. Current accounts of the parent company

459. Provision for financial depreciation of the accounts of subsidiaries (or the parent company)

46. Various debtors and creditors

460. Bondholders and holders of beneficiary shares

4600. Obligations due for repayment

Coupons to be paid on bonds

4602. Taxes and levies recoverable on bonds

4603. Amortized beneficiary shares to be refunded

4604. Interests on beneficiary shares to be paid

4605. Taxes and duties recoverable on the interest of profit-sharing shares

461. Remaining payments to be made on unliquidated securities

4611. Shares and actions of real estate companies (completed fixed assets)

4612. Parts and actions of real estate companies (fixed assets in progress)

4615. Shares held in the country concerned

46156. Listed securities

46157. Unlisted securities

4617. Values guaranteeing commitments to social security institutions

4618. Fixed assets abroad

462. Provision institutions

463. Sécurité sociale

464. Insurance schemes

465. Receivables from insurance organizations due to advances to policyholders

466. Foreign countries, international public organizations

467. Guarantee fund and other funds

Divers

469. Provision for financial depreciation of various receivables

47. Regularization accounts, liabilities

470. Charges to be paid

475. Products perceived or recorded in advance

4751. Rents

4753. Revenues

4756. Various products

48. Adjustment accounts, asset

480. Expenses paid or accounted for in advance

485. Produits à recevoir

4856. Various products

4857. Accrued and not matured interest (on investments recorded in assets at their capital value)

486. Net acquired and unissued primes net of commissions and taxes and net of transfers

Direct assurances in the country concerned

4869. Direct insurance abroad

49. Pending accounts to regularize

Class 5

Financial accounts
50. Borrowings of less than one year

502. Loans for guarantees

In the country concerned

Abroad

503. Other loans

In the country concerned

Abroad
509. Advances of the State

51. Loans not assignable to the representation of regulatory commitments

513. Loans to cooperatives or mixed-economy companies for housing construction not

fully guaranteed by departments and municipalities

Loans to foreign states, foreign or international organizations

517. Loans Abroad

518. Other loans

Provision for loan impairment

52. Payable effects

53. Effects to receive

Checks and coupons to be cashed

540. Checks

545. Coupons and accrued and uncollected interest

55. Investment titles

550. Listed securities, paid-up part, in the country concerned

552. Unlisted securities, released portion, in the country concerned

Shares of LLC in the country concerned

554. Shares issued by the company and repurchased by it

556. Listed securities, partially unpaid, in the country concerned

557. Titres non cotés, partie non libérée, dans le pays concerné

Values abroad

559. Provision for impairment of investment securities

56. Banks and postal cheques

560. Issuing Institute

562. Other banks in the country concerned

564. Treasury accounts in the country concerned

Postal checks in the country concerned

566. Accounts in the cash registers of public institutions in the country concerned

567. Other establishments in the concerned country

568. Banks abroad

569. Other establishments abroad

57. Box

570. Headquarters

Branches in the country concerned

578. Branches (abroad)

59. Internal transfers

590. Fund transfers

Class 6

Comptes de charges par nature

60. Services in the concerned country

601. Accrued benefits (direct life business)

6010. Claims

6012. Due capital

Overdue arrears

6014. Buybacks
6015. Participation in the liquidated surpluses

602. Benefits and fees paid (direct damage business, liability and various risks)

6020. Principal losses

Constitutive capital of annuities

6023. Arrears after establishment

6024. Buybacks

Participation in surpluses

6026. Additional charges

Main appeal

604. Mature benefits (life acceptances)

6040. Sinisters

6042. Matured capital

Overdue arrears

6044. Rachats

Participation in surpluses

Portfolio withdrawals

6049. Portfolio Entries

605. Benefits and fees (business acceptance for damages, liability and various risks)

6050. Net claims and ancillary costs from recourse

6055. Participation in surpluses

6058. Portfolio withdrawals

Portfolio entries

609. Share of reinsurers in benefits and expenses

6091. Outstanding benefits (direct life business)

60910. Claims

60912. Due capitals

Overdue arrears

60914. Buybacks

60915. Participation in the surpluses

60918. Portfolio Withdrawals

Portfolio entries

6092. Benefits and expenses paid (direct business, damages, liability and various risks)

60920. Claims

60925. Participation in surpluses

Portfolio Withdrawals

60929. Portfolio entries

6094. Benefits and fees (life acceptances)

60940. Claims

Matured capital

Arrears

60944. Buybacks

60945. Participation in the surpluses

60948. Portfolio withdrawals

Portfolio Entries

6095. Services and fees (business acceptance for damage, liability and various risks)

60950. Claims

60955. Participation in surpluses

Portfolio Withdrawals

Portfolio Entries

61. Personnel costs in the country concerned

610. Salaries and wages of administrative personnel

6100. Salaries

6103. Overtime

6105. Primes imposed by law or collective agreements

6106. Other primes

6107. Gratifications

612. Remuneration of production staff

613. Cash allowances and various benefits

615. Compensation of directors

616. Charges related to wages and salaries

6160. Charges related to the salaries and compensation of the administrative staff

Paid leave

61602. Notice and dismissal indemnities

Family Allowance

6162. Related charges to production staff remuneration

Paid leave

61622. Notice and dismissal indemnities

Family allowance

Social security contributions

6170. Social security contributions on salaries and wages

61700. Social insurance

Family benefits

61706. Work accidents

Social security contributions on remuneration of production staff

61720. Social insurance

Family benefits

61726. Work accidents

6175. Contributions to social protection and retirement schemes

61750. Contributions to mutual insurance

61757. Contributions to other provident or retirement schemes

Direct benefits

Family benefits

61765. Pensions

6178. Contributions to unemployment funds

618. Other social charges

Social Works

Company committee
62. Taxes and duties in the country concerned

620. Taxes and direct taxes

Professional tax

Property taxes and property levies

6203. Other municipal and departmental taxes

Learning tax

6207. Tax on salaries or wages of administrative staff

6208. Tax on the remuneration of production personnel

6029. Tax on excess provisions for claims

622. Taxes and indirect taxes, excluding the single insurance tax

Sales tax

624. Taxes, duties, and registration fees

6240. Registration fees for acts and contracts

Fiscal stamps

625. Droits de douane

Taxes collected by international public organizations

Professional taxes

Control fees

Various taxes

628. Various taxes

6280. Participation in the guarantee funds borne by the companies

Contribution to the common fund for increasing life annuities

6282. Contribution to the compensation fund for the risks of construction insurance

6283. Contribution of financial institutions

6284. Taxe sur certains frais généraux

6289. Various taxes

63. Work, supplies, and external services in the concerned country

630. Rents and rental charges

6300. Operating grounds

6302. Properties used for the needs of the business

63020. Seat

63021. Decentralized agencies or offices

63024. Buildings for social works

6306. Equipment and furniture

63060. Electronic and mechanical equipment

Vehicles

Office supplies

63065. Furniture

60366. Other materials

631. Maintenance and repairs (expenses paid to third parties)
6310. Maintenance of operating land

6312. Maintenance of buildings used for business needs

63120. Seat

Decentralized agencies or offices

Buildings for social works

6316. Maintenance and repairs of equipment and furniture

63160. Electronic and mechanographic equipment

Office supplies

63165. Furniture

63166. Other materials

6318. Various maintenance products

632. Work and methods carried out outdoors

6320. Mechanography work

6325. Other works

6326. Unpaid temporary staff not directly remunerated by the company

6327. Appearance fees

Furniture and small equipment

634. Supplies made to the company

6340. Electricity

Water

6342. Gas

6345. Other supplies

Royalty
636. Studies, research and technical documentation (expenses paid to third parties)

637. Commissions and fees (excluding those recorded in accounts 60 and

65)

638. Insurance premiums

Fire insurance

Flight insurance

6382. Transport insurance

6383. RC Insurance
Personnel insurance for the benefit of the company

6389. Other insurances

64. Transportation and mobility in the country concerned

Staff transportation

641. Travel and trips

6410. Producer inspectors

6411. General agents

6413. Other producers

6414. Administrative personnel

6415. Other inspectors

6416. Management Staff

External personnel

Administrators

6419. Divers

648. Various transports (material, archives...)

Commissions in the country concerned

651. General agents

652. Courtiers

653. Other authorized producers

654. Employees of companies for their occasional commissions

655. Variation in commissions on earned and unissued premiums

656. Contributions to the retirement plans of self-employed producers

657. Acceptances

6574. Life
6575. Damages, liability and various risks

658. Amortization of prepaid acquisition costs

Prepaid acquisition expenses

66. Miscellaneous management expenses in the country concerned

660. Advertising and propaganda

6600. Announcements and insertions

6601. Catalogues and printed materials

Collective advertising

6605. Fairs and exhibitions

6608. Gifts

661. Missions and receptions

Office supplies

6620. Printed materials and supplies for mechanography

6621. Other printed materials

6622. Other supplies

663. General documentation

664. Postage and telecommunications expenses

6640. Franchises

6643. Telephone and telegrams

Telex

Remote management

665. Costs of acts and litigation (excluding those listed in 60 and 67)

Fees for acts

Litigation fees for premiums

6656. Other litigation costs

666. Contributions and donations

6660. Contributions to professional organizations

Tips and gifts

6668. Other contributions

6669. Other donations

667. Advisory and assembly fees, attendance allowances

Grants awarded

Financial expenses in the concerned country

670. Interests on loans taken out by the company

6700. Emprunts obligatoires

6702. Other loans

671. Interest on accounts and credit deposits

6710. Current accounts with assignees and retrocessionnaires

6711. Current accounts with assignors and reassignees

6714. Other accounts payable

6716. Cash deposits made by transferors and retrocessionaires

Agents' deposits

6719. Other deposits

672. Bank interest; commissions on opening credit, guarantees and endorsements

673. Discounts granted

674. Bank and collection fees

Charges on securities

Fees on securities

6745. Various commissions

6746. Legal costs of placements

675. Purchase costs of securities

676. Interest paid on the provision for participation in excess profits

677. Other financial charges

678. Property expenses

6780. Interview

Repairs

6789. Other charges (insurance, management...)

679. Adjustment of values assigned to the representation of capital insurance operations

variable

68. Allocations for the year to depreciation and provisioning accounts in the country concerned

680. Depreciation allowances for establishment and development expenses (except for
acquisition costs of prepaid contracts

6800. Formation fees

Establishment fees

6802. Costs of capital increase or establishment funds or social funds

complementary

6803. Bond issuance costs

Acquisition costs of fixed assets

6806. Redemption of bonds issued by the company

6809. Acquisition costs of operating fixed assets

681. Depreciation allowances for fixed assets
6812. Buildings and structures

6813. Shares and actions of real estate companies

6814. Material

Transport equipment

6816. Other tangible assets

6819. Operating assets

685. Allocations to provisions for operating losses and charges (except for the provision
for the guarantee of capital losses on managed securities 150)

6854. Provision for advances of commissions received from reinsurers

6855. For disputes and other risks

6857. For charges to be allocated over several periods

6858. For personnel provident schemes

689. Provisions for depreciation of third-party accounts

Reinsurers, ceding co-insurers

6891. Agents, brokers, producers, insured

6895. Subsidiaries

6896. Various debtors

Charges by nature abroad

690. Benefits

Direct life business

6902. Affaires directes dommages, RC et risques divers

6904. Life Acceptances

6905. Acceptances of damages, liability insurance, and various risks

6909. Share of reinsurers in benefits and expenses

Direct life affairs

Direct business damages, liability and various risks

Life Acceptances

Acceptances damages, liability and various risks

Personnel expenses

6910. Salaries and wages of administrative staff and related charges

6912. Salaries and wages of production personnel and related expenses

6913. Cash allowances and various benefits

692. Taxes and duties

6920. Directs

6922. Indirects

Professional taxes

Divers

693. External supplies and services

6930. Rent, service charges, maintenance, repairs

6932. Works, furniture, other supplies

694. Transport and travel

695. Commissions

Direct business

Acceptances

6958. Amortization of prepaid acquisition costs

6959. Prepaid acquisition costs

Miscellaneous management expenses

697. Financial expenses

6970. Interest on loans, credit deposit accounts, bank interest; commissions

on credit opening, guarantees and endorsements

Bank fees, litigation of investments

Purchase costs of securities

Interest paid on the provision for participation in surpluses

6977. Other financial charges

6978. Fees on properties

698. Allocation of the fiscal year to depreciation and provisions accounts

6980. Amortization of establishment and development costs

Depreciation of fixed assets

Provision for losses and charges

Provision for depreciation of third-party accounts

Class 7
Accounts of products by nature
70. Contributions or contributions in the country concerned

701. Primes (direct life business)

7010. Periodic primes issued

7011. Unique primes issued

7013. Policy and accessory costs

7019. Cancellations

70190. On issues of the exercise

70191. On issues from previous exercises

702. Primes (direct damage insurance, liability and various risks)

7022. Issued primes

70220. On current exercise

Previous exercises

7023. Costs of policies and accessories

Variation in the provision for earned and unissued premiums

7025. Contribution reminders

7026. Other bonus reminders

Cancellations

70290. Sur émissions de l'exercice

70291. On issues from previous exercises

704. Primes (life acceptations)

7040. Primes

7048. Portfolio entries

7049. Portfolio withdrawals

705. Primes (acceptances damages, liability and miscellaneous risks)

7050. Primes

Portfolio Entries

Portfolio withdrawals

709. Share of reinsurers in premiums

Direct life affairs

70910. Primes
Portfolio entries

Portfolio Withdrawals

Direct business damages, liability and various risks

70920. Primes

Portfolio entries

Portfolio withdrawals

7094. Life Acceptances

70940. Primes

Portfolio Entries

Portfolio Withdrawals
7095. Acceptances of damages, liability and various risks

70950. Primes

Portfolio Entries

Portfolio withdrawals

71. Operating subsidies received in the country concerned

73. Discounts and rebates on premiums in the country concerned

74. Refunds, discounts, and rebates obtained in the country concerned

75. Commissions and participations received from reinsurers in the country concerned

Direct life affairs

752. Direct business damages, liability and various risks

754. Life Acceptances

755. Acceptances of damages, liability and various risks

76. Accessory products in the country concerned

760. Products of services operated in the interest of staff

7601. Canteens

Divers

762. Waste sales

765. Remunerations and various products

77. Financial products in the country concerned

771. Income from real estate

773. Income from investment securities

7731. Revenue from bonds

7735. Revenue from shares

774. Loan interest

To the staff

To the agents

A third party

775. Income from equity securities

Interest on current accounts and overdraft accounts, bank interest

7760. Current accounts with assignees and retrocessionnaires

Current accounts with assignors and reassignees

7764. Other accounts receivable

7765. Intérêts bancaires

Cash deposits made with the assignors

7769. Other deposits

777. Attendance fees, royalties, remuneration of directors

778. Other financial products

Adjusting the values assigned to the representation of capital insurance operations

variable

78. Work done by the company for itself. Costs not chargeable to the operation of
the exercise, in the country concerned

780. Work done by the company for itself

7800. Company's expenses for establishment costs (excluding acquisition costs for
contracts)

785. Charges not attributable to the current year's operations

Charges covered by provisions

7857. Charges imputables à pertes et profits

79. Products by nature abroad

790. Primes

Direct life business

7902. Direct business damages, liability insurance and various risks

7904. Life Acceptances

7905. Acceptances of damages, liability insurance and various risks
7909. Share of reinsurers in premiums

791. Operating subsidies received

793. Discounts and rebates on premiums

794. Refunds, discounts, and allowances obtained

795. Commissions and participations received from reinsurers

796. Accessory products

797. Financial products

7971. Income from properties

7973. Income from investment securities

7974. Loan interests

7975. Revenues from equity securities

7976. Interest on current accounts and overdrawn deposit accounts, bank interest

7977. Attendance fees, dividends, remuneration of directors

7978. Other financial products

798. Work done by the company for itself, expenses not chargeable to operations.
the exercise

Class 8

Income statements

General exploitation

82. Losses and profits from previous years

820. Losses from previous years

8202. Tax reminder

8206. Various charges attributable to the operation of previous periods

822. Profits from previous exercises

8220. Revenues from amortized receivables

Tax reliefs

8227. Various products attributable to the operations of previous years

828. Reversals of prior provisions

829. Use of previously established provisions to cover losses from previous periods
previous and exceptional losses
83. Allocation of the fiscal year to off-balance sheet or exceptional provision accounts and of
regulatory reserves

831. Allocation to various reserves abroad

833. Allocation to regulatory reserves

8330. Reserve for loan repayment for establishment funds

Establishment fund created

Reserve for currency fluctuations

Provision for depreciation allocation

On real estate in the country concerned

8392. On obligations in the country concerned

8393. On actions in the country concerned

8396. On various claims in the country concerned

8399. Stranger

84. Exceptional losses and gains

840. Capital losses on disposals of assets

In the country concerned

8409. Foreigner

Currency losses

8411. Losses on disposals of foreign currencies

8414. Losses on conversion of foreign currencies

842. Calcul des résultats sur cessions d'éléments d'actif

Investments in the country concerned

8422. Fixed assets in progress in the country concerned

Securities held in the country concerned

84232. Obligations

84233. Actions

8425. Equity securities in the country concerned

8428. Fixed assets abroad

843. Exceptional subsidies granted

844. Other exceptional losses

Bad debts

Entry fees

8449. Stranger

845. Capital gains on disposal of assets

In the country concerned

8459. Stranger

Exchange profits

Profits on the sale of foreign currencies

8464. Profits from foreign currency exchange

847. Profits resulting from equipment grants

848. Subventions d'équilibre reçues

849. Autres profits exceptionnels

8490. Membership fees and entry rights in the concerned country

8499. Stranger

85. Corporate taxes

86. Products of service provision exchanged between establishments

87. General account of losses and profits

88. Results pending assignment

89. Balance

890. Opening balance

891. Closing statement

Class 0

Special accounts

00. Commitments in favor of the company

000. Guarantees, cautions, contractual guarantees received

001. Legal guarantees, cautions, warranties that the company benefits from. Other commitments received by
l'entreprise

009. Potential creditors

01. Commitments of the company

010. Guarantees, cautions, and contractual guarantees provided by the company
100. Guarantee of the repurchase of mortgage debts or financing of mortgage loans

0101. Garantie d'acquisition d'immeubles d'habitation

New dwellings

Ancient dwellings
0102. Guarantee for the acquisition of commercial and industrial properties

0103. Guarantee of acquisition of representative titles of residential properties

New dwellings

Ancient dwellings

0104. Guarantee of acquisition of securities representing commercial and industrial real estate
0105. Subsidiaries

0106. Guarantee for the buyback of bonds

Divers
011. Sureties, cautions, and legal guarantees at the expense of the company

Contractual commitments of solidarity

0120. For participation in an association or a group of co-insurance or re-insurance

Legal commitments of solidarity

014. Contractual engagements resulting from the non-performance of a contract

015. Legal obligations resulting from non-performance of a contract

016. Other contractual commitments

017. Other legal commitments

Non-refundable membership fees

Potential debtors

03. Other charges to third parties

035. Subsidiaries

037. Divers

039. Potential debtors

050. Interesting investment plan for the company

052. Real estate operations

Divers

059. Amount of projected investments

06. Values received as collateral from assignors and reassignees

061. Investments in the country concerned
0611. Shares of civil companies with a real estate purpose

0613. Shares or actions of unlisted real estate companies

Securities and similar instruments

0630. Listed state values

0631. Values of listed public and semi-public sectors (bonds and equity securities)

0632. Other listed values (bonds and equity securities)

0633. Other listed values (shares and other securities)

Sicav shares and FCP units

06341. SICAV and FCP of bonds

06342. Diversified Sicav and FCP

Foreign values listed in the country concerned (bonds)

0637. Foreign values listed in the country concerned (stocks)

Assignees and retrocessionaires owners of the values

07. Values belonging to provident institutions

070. Values

079. Institutions holding securities

08. Values provided by reinsured entities with joint and several guarantees or with substitution

080. Values

089. Proprietary entities of values

09. Other values held by the company

090. Values deposited by the administrators

Values deposited by the agents

094. Values deposited by other third parties

Owners of assets

Section III - Explanatory terminology and operational modalities

Article 432 Explanatory terminology and operating procedures (Amended by Decision of

Council of Ministers of April 20, 1995

Class 1

Permanent capital accounts

Permanent capital: financing means used by the company on a permanent basis and
durable, made up particularly of capital, issue premiums, retained earnings
and long or medium-term loans, reserves or loans for establishment funds.

10. Capital

The fraction of the remaining capital to be called is credited to account 1001 by debiting the account
441 (shareholders, uncalled capital).
In the case of an appeal for unpaid capital, account 1001 is debited by the amount called by the credit of the
account 1000, and correspondingly account 441 is credited with the same amount by the debit of the
account 442, or if there is total and immediate release by the debit of the concerned account in class 4
ou de la classe 5.

In the case where the loan for establishment funds is repaid by annuities, account 1010
(established fund) is credited by the debit of account 8331 by an amount equal to the
repaid portion of the loan.

In other cases (reimbursement lower than the year's depreciation) account 1016 (share
remaining to be refunded from the loan) is debited by the

credit of account 56 (bank), account 1010 (established fund) is credited by the

debit of account 8331 for an amount equal to the reimbursed sum and account 130 (reserve for
repayment of the loan) is credited by the debit of account 8330 in an amount equal to the
sum, which, in the year, has been amortized without being repaid. At the end of the loan the account
1010 is credited by the debit of account 130 while account 1016 is settled by account 56.

11. Reserves

Le compte 110 est utilisé pour enregistrer les primes d'apports et les primes de fusion.

When foreign operations are subject to a guarantee, the reserve imposed on this
title figure in account 119; similarly, when companies are required to make a deposit that exceeds their
technical engagements, the surplus is, in principle, credited to this account. If it appears that the
assets corresponding to these required supplemental guarantees abroad become irrecoverable,
A provision for surety losses (1599) is established by debiting account 835.

12. Report again

This account operates after a decision is made on the allocation of profits or on the fate of losses.
left pending until then in account 88.

13. Regulatory reserves

14. Equipment subsidies received

Account 141 is credited with the amount of the grant by debiting the concerned account of the
classe 4 ou de la classe 5.

15. Provisions for losses and expenses

Account 150 (provision for guarantee of unrealized losses on managed securities classified in class 0)
concerns insurance companies that manage on behalf of third parties (in particular of
insurance institutions) securities belonging to them and which have committed to respond to
all or part of the depreciation possibly suffered by these securities; to the extent that this
guarantee comes into play, insurance companies constitute the provision in question by debit
of the count 87.

Other provisions for losses and charges are created or adjusted through accounts 68 and
698 when they relate to the exploitation, by the debit of account 835 when they do not relate to
not the exploitation or when they have an exceptional character, finally through the game of accounts 7850,
828 and 829 when the amount of the provision must be decreased or canceled.

16. Loans and debts over one year

The securities received in collateral are not included in classes 2 or 5 but in class 0; they do not
therefore does not involve a counterpart to account 168.

17. Liaison accounts of establishments and branches

For companies governed by national law, this account is normally settled at the end of the fiscal year.

For foreign companies, it records the entries that are of interest to the head office.

18. Dettes pour espèces remises par les cessionnaires et rétrocessionnaires en représentation
technical commitments

This account only records the species handed over by the transferors and retrocessionaires for
allow the insurer to represent all or part of the technical commitments for which they are responsible. The
values submitted by the assignors and retrocedents, for the same purpose, to the insurer are not
admitted in representation that if they are subject to a pledge in favor of it. They are
off-balance sheet.

19. Provision for depreciation of fixed assets and securities

The potential losses existing in the inventory in application of the valuation rules of
placements belonging to companies and retained by them are subject to a provision for
depreciation; to this end, account 19 is credited by the debit of account 87.

Class 2

Accounts of fixed assets

Fixed assets: 'fixed assets' refers to all goods and values intended for
remain sustainably in the same form within the company.

20. Establishment and development costs in the country concerned

The establishment costs listed in accounts 200 to 204 can be fully amortized immediately.
first year.
From account 2010 (prospecting expenses), all costs related to the acquisition of insurance contracts are excluded.
which make up account 205.

The acquisition costs of fixed assets (account 204) only include the rights of
mutation, notary fees, any intermediary commissions, and costs
of act; they do not understand the architect's fees related to the construction. This
Ventilation of fixed assets in acquisition costs and principal is only mandatory for goods.
entering the heritage as of the entry into force of the special accounting plan at
insurance.
The amortization accounts for 2008, 2018, 2028, 2038, 2048, and 2068 are credited by the debit of the
account 680. When one of the elements of accounts 2000, 2010 to 2013, 2020, 2030, 2040 to 2047 and
2060 has been subject to full amortization, the corresponding amount is offset by the
debit of the aforementioned amortization accounts that is concerned.

The acquisition costs of prepaid contracts (account 205) are governed by the regulations in
validity. This account is debited by the credit of account 659.

Account 2058 is credited by the debit of account 658; it records the accumulation of depreciations.
effectués sur les commissions des exercices n'ayant pas encore fait l'objet d'un amortissement
integral; when the depreciation of commissions for a fiscal year is completed, the fraction
The corresponding account 2058 is offset by account 2050.

Account 209 is debited (2094) by the credit of account 204 at the end of the fiscal year.
(2098) by a debit of 2048; these entries are reversed at the beginning of the following fiscal year.

21. Assets in the country concerned

When an undeveloped land is subject to construction, account 210 is credited by the debit of the
account 220; upon completion of the building, the total cost of land-construction is
transferred debits from accounts 220 and 222 or 223 to the debit of accounts 212 or 213.

Tangible fixed assets (accounts 210 to 216 and 2190 to 2193) are recorded in accounting.
for their actual purchase cost or for their actual production cost. Transfer duties, fees
the commissions and fees paid for the acquisition of tangible fixed assets are not
not included in this cost; they are recorded in account 2040 or 2042.

The unlisted shares or stocks of real estate companies or investment companies

real estate is recorded in account 213 (or in account 223). When they are listed, they must
appear in accounts 23 or 25 according to the proportion of the capital owned. The amount of the payments
remaining to be carried out on the not fully paid shares is debited from account 2132 and to the
credit of account 4611.
The right to lease is accounted for under account 2180 when its acquisition involves a specified price in
the act.

Les amortissements pratiqués sur les immobilisations du compte 21 sont inscrits dans les sous-
four-digit accounts ending with 8.

Les comptes d'amortissement 2128, 2138, 2148, 2158 et 2168 sont crédités des amortissements
carried out during each financial year through the debit of account 681.

The provisions for depreciation (four-digit sub-accounts ending with a 9) are created.
by the debit of account 839; they are adjusted by the credit of accounts 828 and 829 when the
the amount of the provision must be reduced or canceled.

Operating fixed assets are those allocated to business operations and the
investment immobilizations, those allocated to cover the commitments of the company or
constituting the free asset. Account 219 only plays twice a year; it is debited at the closing of
l'exercice par le crédit des comptes 210, 212, 213 et 218 ; ces écritures sont contre-passées à
the opening of the following exercise.

When fixed assets leave the balance sheet, the difference between the asset value reduced by
depreciation and the sale price constitutes a profit or a loss upon realization that is recorded
to accounts 840 or 845.

22. Fixed assets in progress in the country concerned

This account is intended to show the value of unfinished assets.

23. Securities and similar instruments held in the concerned country, assignable to the
representation of regulated commitments, belonging to the company and kept by it
(other than equity interests).

Securities and shares of mutual funds that by their nature can

represent the regulated commitments, in compliance with the current regulations, and that
are not recorded in accounts 25, 26, or 28, are accounted for in 23. These securities are listed there.
even if the company does not need it in its entirety to represent its regulatory commitments
or if their amount exceeds the limits set by the regulations.

The additional purchase costs (taxes, brokerage and commissions) are not included in the value.
of asset, but charged to account 675.

The amount paid on the subscription price or the purchase price of a non-fully paid security is
only charged to account 23.

In each section, the titles are ranked in order of the rating of the stockbrokers.

Account 239 'Provisions for depreciation of securities' (as well as the accounts
259, 26309 and 289) records all the differences between the cost price and the estimate
lower, particularly on unlisted securities.

25. Equity holdings held in the country concerned

A company is considered to hold a stake in another when it owns

a fraction at least equal to 10%.

Account 254 records the shares owned by the company in non-

commercials. The amount of payments remaining to be made on shares that are not fully paid up is
porté simultanément au débit des comptes 256 et 257 et au crédit du compte 4615.

26. Deposits and security in the country concerned

The values that, if they were retained by are recorded in accounts 26303, 26304, or 26305.
the company would appear in accounts 23, 24 or 25 respectively.

27. Values guaranteeing commitments to welfare institutions or covering

investment funds managed by the company.

When the agreement with the provident institutions stipulates that the securities will be registered
on behalf of the insurance company providing its assistance, the funds paid by the institutions in
The view of the purchase of these values is recorded as a credit to account 27; the amounts returned
passent au débit de ce même compte. Le compte 27 enregistre les mouvements de ce portefeuille
specific to titles: it is debited the price of the titles entering and credited the price of the titles leaving.

28. Fixed assets abroad

Class 3

Technical provisions accounts

Class 3 is, in the present plan, reserved for technical provisions, that is to say for charges
predictable events related to the execution of contracts made between the company and the insured. It
also records commitments to provident institutions or those related to
investment funds managed by the company.

32. Technical provisions for direct damage insurance operations, liability, and various risks in
the country concerned

Account 3200 records the issued premiums related to deadlines belonging to some
posterior exercises.

35. Technical provisions for acceptances in the country concerned

Account 355 receives, in particular, the waiting entries intended to temporarily offset the
accounts for acceptances when they are incomplete and to provision for expected losses
when the reinsurer does not have all the accounts.

Class 4
Third party accounts

Class 4 accounts record the operations concerning relationships with third parties (to
the exception of those provided for in class 3) and, by extension, the adjustment entries of
charges and products.

40. Reinsurers, ceding co-insurers

The divisional accounts 400 to 403 lead to the opening for each reinsurer, in
each currency of the treaty, of an account intended to record all during the fiscal year
operations that arise; the company opens for this purpose accounts 4002, 4003..., up to 4038
and 4039; if the number of accounts available is insufficient, accounts will be created in fives.
numbers (from 40020 and 40021 to 40398 and 40399) or six digits. At the end of the exercise, the balance is drawn.
for each reinsurer by currency and this balance appears in accounts 4000 and 4001 depending on whether it is
debtor or creditor. Accounts 404 to 408 operate similarly.

41. Agents, insureds and brokers

Account 410 corresponds to accounts with agents and brokers in the usual sense of the term.
In view of determining the overdue bonuses, it is subject to an allocation at the end of the financial year.
account 411 among the various elements of receivable premiums and cash balances; this account 411
it is therefore just an inventory account.

Account 412 records insurance operations that do not go through an agent or a broker and
not giving rise to commission. The insured are debited for the receipts presented to them
and credited with their payments.
Accounts 413 and 414 record operations other than current operations.
insurance (for example, loans to agents...).

Account 419 records provisions for depreciation other than the provision for cancellations.
of primes which is in class 3.

43. State

The operations to be recorded in account 43 are those made with the State considered as a power.
public.

Account 432 temporarily receives the sums paid to the company by the State and which the
The nature of the loan or grant is not yet established: this account must normally be settled.
at the end of the exercise.

In account 433, the shares in question are the securities created by the nationalized companies.
of insurance; the amortized shares have been reimbursed to the holders by the company that must do so.
recover the amount.

The taxes and duties to be charged, if applicable, to account 436 include not only the taxes
and state taxes proper, but also the taxes and duties collected on behalf of
departments and municipalities.
45. Subsidiaries or parent company

The subsidiaries proper include companies in which the business holds 50% or more of the
capital.

46. Various debtors and creditors

Account 465 'Receivables from insurance organizations due to advances to insured persons'
works as follows:

When in motor vehicle insurance the contract does not cover the damage incurred
but that a legal protection guarantee provides that the insured will benefit from the part of his
insurer of a payment before exercising the right of recourse, payment and recourse are respectively
recorded as a debit in sub-accounts 6020 and 6026 and credited to sub-account 6029.

In the absence of such a provision in the contract, an analogous system of settlement

nevertheless operates under an agreement between companies, account 465 is in progress for the year
debited for amounts paid under these conditions and credited for those recovered; it is finally
of exercise credited with amounts not recoverable by the debit of accounts 6020 and 6026.

47 and 48. Adjustment accounts

Ces comptes sont utilisés pour répartir les charges et les produits dans le temps, de manière à
attach to a specific exercise all the expenses and all the revenues concerning it
indeed and those only.

Account 470 includes, in particular, accrued and unpaid interest on loans.

contracted by the company, as well as the amount of rights acquired by the staff at the closing of
the exercise under paid leave.
Accounts 470 and 480 are to be subdivided in the order of expenses listed in accounts 61 to 64, 66,
67 and 69.

Account 475 is credited with amounts corresponding to income received or recorded in advance.
that the services and supplies justifying them have been performed or provided.
Account 485 is debited at the end of the fiscal year by the credit of accounts 76, 77, 796, and 797 of the income.
acquired by the company but whose amount, not definitively determined, has not yet been recorded in
a debit account of class 4.

49. Suspense and regularization accounts

Operations that cannot be reliably allocated to a specific account at the time.

where they must be registered or that require additional information are recorded
provisionally in 49. This procedure should only be used in exceptional cases.
Unless impossible, the operations recorded in this account are reclassified at the end of the fiscal year among
the accounts appearing in the balance sheet model, and account 49 does not appear, in principle, in the balance sheet. If the
reclassification cannot be carried out, no compensation between the balances has been established
creditors and the debit balances of accounts, which must appear in the balance sheet.

Class 5

Financial accounts

The financial accounts record movements of cash, checks, promissory notes,

commerce, coupons, operations made with banks, stockbrokers, etc. They include
also short-term borrowings, as well as investment securities that are not likely to be
admitted in representation of technical provisions and who, as a result, do not present in theory
this permanence, this stability, which are one of the characteristics of placements, admitted in
representation and constituting class 2.
50. Loans for less than one year

These accounts record the loans taken out by the company which we are sure, originally, that they
are made or consented for a period of less than one year.

51. Loans not allocable to the representation of regulated commitments

Notably, unsecured participatory loans are allocated to account 518.

55. Investment titles not previously listed

These titles are those that cannot be assigned either to accounts 25 or 285 because they are not
participating titles, nor to accounts 23 or 283 because they are not likely to be
admitted in the representation of technical provisions.

The rules to follow for their accounting and for the creation of the impairment provision.
(account 559) are similar to those already provided for the fixed assets in question.
accounts 21 to 28.

59. Internal transfers

These are temporary accounts used to conveniently record transactions.

called to finally be settled.
Class 6

Expense accounts by nature

Class 6 groups the accounts intended to record technical operating expenses and
general support provided during the financial year (excluding however the recovery of the previous ones)
provisions for services and the establishment of new ones that go directly to the account
of exploitation 80).

60. Services in the country concerned

Account 601 'accrued services' is reserved for companies conducting the defined operations.
Article 300(1). (In capitalization, the funds outgoing from guaranteed drawings are accounted for.
to account 6010). The allocations assigned before the determination of the results for the financial year.
pass through account 6015, whether to be distributed immediately or to be incorporated into the provision
mathematics or to be allocated to the provision for depreciation on surpluses (the participations
eventually allocated on the profits of the profit and loss account appear in the account
88).

The divisional account 602 "services and fees paid (direct business)" is reserved for
property insurance companies that report the amounts that have actually been paid, there
understood the arrears before establishment (6020). During the establishment of an annuity of which
the company will take on the management, account 6020 'claims' is debited by the credit of account 6021
constitutive capital of annuities; the arrears paid from that moment are debited from
account 6023; in the inventory, the operating account is debited to settle accounts 6020 and
6023 while account 6021 is settled by the credit of the operating account. Conversely, if the
When the constituted interest is subject to a buyout, account 6024 is debited (through the credit of an account of)
cash flow). The additional fees individualized by claim or recourse file (such as fees
expertise fees, lawyer fees, court fees, medical fees...) are
accounted in account 6026.

61. Personnel expenses in the country concerned

The expenses recorded in this account are those incurred by the company for
remuneration of its personnel and its supplements (related charges, security charges
social, fees for social works). They do not include commissions or brokerage allocated
to the staff, who find their place in account 654.

Account 612 records the remuneration paid to the company's employees assigned to the
presentation of insurance operations. In the case of employees receiving remuneration
relevant pour partie du compte 610 et pour partie du compte 612, il y a lieu de ventiler ces
remunerations between the two accounts, either immediately or at the end of the year, and when this
ventilation is impossible, to account for the remuneration in the one of these accounts to which
corresponds to the main function of the interested party.

Account 613 includes fixed allowances allocated to staff, regardless of their nature.
the object and the duration.

Accounts 613, 616, 617, and 618 concern the staff whose remuneration is
recorded in accounts 610 and 612.

Accounts 61600 and 61620 record the amounts paid in cash for paid leave.
to the people leaving the company. They also receive, if applicable, the variation from a 31
December to the other, regarding the amount of rights acquired by the staff at the closing of the financial year under
paid leave. This amount then appears on the liability side of the balance sheet, in account 470 (expenses to be paid).

The contributions listed in 617 include only the employer's share.

Other social charges (account 618) include expenses for social works, except for
expenses such as rent and maintenance of cafeterias that must be recorded due to their
nature, in the other accounts of class 6.
62. Taxes and duties in the country concerned

Account 62 records all taxes and duties that are the responsibility of the company, except for:

of those that, like corporate tax or profit tax, constitute a levy on

the profits are directly debited from account 85;
- of those that, collected on behalf of third parties by the company, must be returned by it and are
enregistrés aux comptes 435 (taxes sur primes d'assurance), 440 (impôts et taxes recouvrables sur
the shareholders), 4602 and 4605 (taxes and duties recoverable on bondholders or holders of
beneficiary parts)?

- reminders of taxes concerning previous financial years that are recorded in account 8202;

- penalties and tax fines, exceptional costs that must be recorded in account 844.

63. Work, supplies and external services in the country concerned

Account 63 records expenses paid to third parties, excluding transport costs and
movements that are recorded in account 64 and management fees that are charged to account 66.

In account 631, the distinction between maintenance costs and repair costs is not made at
the inside of account 631 as far as possible; in case of impossibility of this
distinction, the grouping is done under the title "interview". This account includes the charges.
incumbent upon the occupant of the building (even when the company is the owner of the building in
in which it is installed.)
Account 632 records the expenses paid to third parties who are commissioned by the company to carry out for
his account of operations aimed at the manufacture of products or the provision of services.

The expenses for purchasing small equipment, which must be renewed periodically, are charged to
debit of account 633.

Account 637 includes fees such as those paid to tax advisors, lawyers,
architects, statutory auditors, experts from the works council...

64. Transportation and travel in the concerned country

Account 64 records all transportation and travel expenses, including those related to
the transportation of equipment and archives, which the company does not provide by its own means.
When the company carries out these transports by its own means, the costs are included in the
corresponding items: salaries, maintenance and repair of equipment, etc.

65. Commissions in the country concerned

Account 65 records, on one hand, the compensations of all kinds allocated to brokers.
of insurance and to general insurance agents for the services provided by them to the company
(except for those regarding the exercise of appeals) and, on the other hand, the amounts paid to
other representatives of the company in compensation for the services rendered by them in the
presentation of insurance operations or to employees of the company in the form of commissions
occasional.

66. Various management fees in the country concerned

Account 668 records at its debit, by the credit of the accounts involved in class 4 or of the
class 5, the grants awarded by the company when, considering their periodicity or their
These subsidies can be considered as pertaining to normal management.

Financial expenses in the country concerned

By analogy with the interest from bond loans, the minimum amount of the distribution served
The beneficiary shares are recorded in account 6700. The surplus is shown in account 88 under 'others.
distributions.

Account 673 is debited for the discounts benefiting the insured (notably in insurance)
maritime) when the premiums stipulated to be paid quarterly are actually paid in a single lump sum
payment.
Account 675 records the ancillary purchasing expenses (taxes, brokerage fees, and commissions) of the securities.
of participation and placement in the country concerned (the same applies to account 6975 in
ce qui concerne les valeurs détenues à l'étranger).

Account 677 includes, in particular, interest charges resulting from the guarantee given by the
insurance companies to welfare institutions.

Expenses paid or accrued in advance - Expenses to be paid

Accounts 61 to 64, 66 and 67, recording expenses as they occur,

do not specify the exact amount of the charges related to the financial year: they include some
charges incurred during this exercise, but which concern subsequent exercises; they do not
do not include, however, the charges that, relating to the fiscal year in question, will not be
recorded only during a subsequent financial year.

To restore in the class 6 accounts the exact amount of the expenses related to
the fiscal year, these accounts must be regularized at the end of the fiscal year, by debiting account 480 and
by crediting account 470.
At the start of the following fiscal year, the entries made to these accounts 480 and 470 are against-
charged to the accounts concerned of class 6. However, companies can also debit
directly the account 470 when the actual payment of the charges to be paid and credit account 480
at the maturity of charges paid or accounted for in advance.

Companies that deem it appropriate can activate accounts 470 and 480 at the end of each
accounting period and not just at the end of the fiscal year.

68. Allocation of the financial year to depreciation and provisions accounts in the concerned country

These accounts are intended to show in class 6 the allocations for the financial year to
depreciation accounts, provisions for losses and charges, and provisions for
depreciations of asset items, when these provisions relate to operations; they do not
only give rise to positive allocations. When the previously established provision by
Allocation to accounts 685 or 689 is found to be too high, the surplus is taken back by the credit of the account.
828.

The sub-accounts derived from 680, 681, 685 are debited by the credit of the amortization accounts.
or corresponding provisions derived from accounts 20, 21, and 15; account 689 is debited by the
credit of accounts 409, 419, 459 and 469.

Class 7

Accounts of products by nature

Aside from the technical accounts (accounts 70, 73, 75, and 79), the products include the
amounts received or to be received under the exploitation, and relating to the current fiscal year, either in
counterpart of supplies of services or benefits executed or provided by the company, namely
exceptionally without compensation. They also include the work done by the company.
for herself.

Class 7 also includes, by extension, correcting accounts for expense accounts.

from class 6.

The accounts of class 7 do not include the products or profits that come from
balance or equipment subsidies, operations regarding previous fiscal years, or
presenting an exceptional character, and which must be credited to one of the following accounts: 822,
847, 848 or 849. Companies charge, where applicable, each product account with the amount
amounts that are recorded therein and that must ultimately be credited to the loss account and
profits. These corrective entries are made no later than the end of the fiscal year.

70. Prizes or contributions issued

Account 70 is credited with the amount of premiums or contributions when issuing receipts.
including accessories and police costs, but net of insurance taxes.

The capital constituting the annuities managed by the company resulting from a claim is not
not recorded in 70 but are charged to account 6021.

71. Operating subsidies received

This account includes the operating subsidies granted by the State and public authorities.
or third parties, which are neither balancing grants nor equipment grants.

73. Reductions and discounts on premiums

Account 73 records the bonus during the year when it is subject to reimbursement of a
part of the bonus. At the end of the year, it is settled by accounts 701 to 706.

74. Ristournes, rabais et remises obtenus

This account records discounts obtained from suppliers and the amount, not deducted from
Purchase invoices are only known after the accounting of these invoices. It is credited by the debit.
third-party accounts or cash accounts and settled at the end of the year (at the same time as the
produits accessoires 76) par le compte d'exploitation 80.

Accessory products in the relevant country

Account 765 includes in particular the participation received from organizations that companies
are authorized to manage insurance.

The reimbursement of expenses incurred by the company on behalf of other companies with
which she has common services credited to the interested accounts of class 6.

For investments whose book value does not include the pro-rated accrued interest since
the last due date, the accrued and unpaid interest in the inventory is credited to the sub-
interested accounts of account 77 and on the debit of sub-account 4857. Upon the reopening of the accounts.
after the inventory, the sub-account 4857 is cleared by the debit of these sub-accounts.

The accrued and uncollected interest is credited to the relevant sub-accounts of 77 and to the
debit to account 545.

The lots and reimbursement premiums on securities are to be included in account 77.

In other financial products (778), interest that is added is included in the credit.
on premiums, when the rate is annual, the premiums are only payable by means of interest when
semester or quarterly installments.

78. Work done by the company for itself - Work and charges not attributable to
the operation of the exercise

Account 780 is intended to record the cost of work done by the company for itself,
where the amount must be recorded in a balance sheet account.

Account 7800 is credited by the debit of account 20.

Le compte 785 est appelé à enregistrer la contrepartie des charges inscrites aux comptes 61, 66 et
67 et qui sont couvertes par des provisions pour pertes et charges constituées au cours des
previous exercises by the account debit 685 or which do not relate to the operation or to
the exercise.

Class 8

Income statements

80. General exploitation

Account 80 shows the results of the fiscal year, that is to say those that come from the
management of the various activities of the company. This account is only used at the end of the fiscal year.

The balance of account 80 is transferred, for the closure of entries, to account 87.

Account 80 is established in accordance with the model set out in section IV.

The accounts constituting the items of account 80 are indicated in the lists below.
80. General exploitation (special accounts for life insurance and capitalization companies)

Occurrences: 6010, 6030, 6040, 6060, 6901, 6904 and (assignments) 60910, 60930, 60940, 60960
6909.

Mature capital: 6012, 6032, 6042, 6062 and (transfers) 60912, 60932, 60942, 60962.

Due arrears: 6013, 6033, 6043, 6063 and (transfers) 60913, 60933, 60943, 60963.
["Buybacks: 6014, 6034, 6044, 6064 and (sales) 60914, 60934, 60944, 60964."]

Participation in surpluses: 6015, 6035, 6045, 6065 and (transfers) 60915, 60935, 60945, 60965.

Mathematical provisions: 310, 340, 3810, 3840 and (transfers) 3910, 3930, 3940, 3960, 39810,
39840.

Adjustment of values assigned to variable capital insurance (debit): 679.

Interest granted on the provision for participation in surpluses: 676 and 6976. Bonuses: 701, 703, 704.
706, 7901, 7904 and (transfers) 709, 7909.

Adjustment of values assigned to variable capital insurance (credit): 779.

80. General exploitation (special accounts for companies of all kinds)

Services and fees paid: 602, 604, 605, 606, 6902, 6904, 6905 and (assignments) 609, 6909.

Claims provisions: 325, 355, 3825, 3855 and (assignments) 3925, 3955, 39825, 39855.

Primes : 702, 704, 705, 706, 7902, 7904, 7905 et (cessions) 709, 7909.

Premium provisions: 320, 340, 350, 360, 3820, 3840, 3850 and (transfers) 3920, 3940, 3950, 39820
39840, 39850.

80. General exploitation (common accounts for all companies)

Commissions: 65 and 695.

Acquisition costs deducted and added to assets: 659 and 6959.

Amortization of prepaid acquisition costs: 658, 6958.

Personnel costs: 61 and 691.

Taxes and duties: 62 and 692.

Work, supplies and external services, transportation and travel: 63, 64, 693, 694.

Frais divers de gestion : 66 et 696.

Dotations aux amortissements (autres que celles afférentes aux placements) : 6800, 6801, 6802,
6809, 6814, 6815, 6816, 6819, 6980.

Allocations to provisions (other than those related to investments): 685, 689, 6985, 6989.

Commissions and other charges (disposals): 75, 795.

Financial expenses on securities: 6740, 675, 6974, 6975.

Fees on investment properties: 678, 6804, 6978.

Autres frais : 670, 671, 672, 673, 6741, 6745, 6746, 677, 6803, 6806, 6970, 6977.

Depreciation allowances on investment values: 6812, 6813, 6981.

Financial products on securities: 773, 775, 7973, 7975.

Financial products on investment properties: 771, 7971.

Other financial products: 774, 776, 777, 778, 7974, 7976, 7977, 7978.

Operating subsidies: 71,791.

Accessory products: 74, 76, 794, 796.

Work done by the company for itself - Expenses not attributable to operations
the exercise: 78, 798.

82. Losses and profits from previous years

This account records the losses and profits for previous fiscal years on non-
techniques, that is to say the results obtained during the exercise, but whose origin dates back to some
previous exercises.

Account 828 receives credit for any potential excess recoveries on provisions that had been
initially recorded under accounts 685, 689, 835, and 839.

Account 829 is intended to receive credit for the counterpart of the losses recorded in the
accounts 82 and 84 and covered by provisions for losses established during the financial years
Previous accounts by the debit of accounts 835 and 839. Account 829 is credited by the debit of the account
of the interested provision, that is to say the amount of the provision if this amount is less than or equal to
losses, either an amount equal to the amount of these losses if the provision is higher than this
sum.

83. Allocations for the period to provisions accounts outside of operations or exceptional and of
regulatory reserves.

Only those allocations to reserves from account 11 go through account 831, which (in contrast
those carried out by the debit of account 88) are not within the exclusive competence of
the general assembly.

Account 833 is debited from allocations to regulatory reserves (account 13) which are a
charge de l'exercice, selon les textes en vigueur, mais qui ne sont pas directement liées à
the exploitation.

Allocations to regulatory reserves can be negative if the withdrawal can occur.

without prior authorization; if an authorization is required, as long as it is not obtained, the
prélèvement se fait en utilisant le compte 88.

Account 835 is used to make allocations to provisions for losses and charges (account 15).

However, the provision for guarantees against losses on managed securities classified as class 0 is
directly constituted by the debit of account 87.

Account 839 concerns provisions for depreciation of asset items.

classes 2, 4 and 5.

84. Exceptional losses and profits

This account records the results obtained during

of the exercise and which come from exceptional events or facts, such as achievements
of assets, currency differences, debts that have become irrecoverable
during the exercise. The lots and refunds of securities are not
considered exceptional events and are recorded in accounts 7731 and 7973.
The result of the foreign exchange operations (841, 846) is broken down into gains and losses on disposals or
on the conversion of foreign currencies, insofar as the relative importance of these two
éléments justifie une telle ventilation. Le compte 842 est un compte de calcul qui sert à remplir les
tax tables required for determining the results on disposals. It works in the following way
next:

it is debited, through the credit of the concerned asset account, by the amount of the original value
from this element;

it is credited, by the debit of the account 'depreciation' or 'provisions for impairment', of

amount of the depreciation or provision relating to the transferred item and, by the debit of the account
of the concerned cash position, of the amount of the transfer price;

- it is debited (in the case of a capital gain) or credited (in the case of a capital loss), for a balance by the credit of 845 or
the flow rate of 840.

Account 843 records on its debit, by the credit of the accounts concerned from classes 4 or 5, the
subsidies granted by the company that do not have the nature of operating expenses.

The balance grants received are the grants that would be granted by the State, the
public authorities or third parties, depending on the results of the companies that benefit from it.

86. Products and services exchanged between establishments

This account is related to the opening of account 17 'liaison account for establishments and
branches". Its balance at the end of the fiscal year is zero.

87. General account of losses and profits

This account is established in accordance with the model provided in section IV.

88. Results pending assignment

Account 88 is established in accordance with the model provided in Section IV.

When the exercise results in a profit, account 88 is credited before the distribution of profits.
by the debit of account 87. It is debited with the amount of sums distributed or allocated to a
reserve account. The balance, if it exists, is transferred to account 12 'retained earnings'.

Account 88 can be used in case of losses.

The amounts intended by decision of the general assembly to be returned to the members of
mutual companies, mutual associations and their unions, and agricultural mutuals,
are debited to account 88 during the allocation of results.

If the terms of the rebate quantum and schedule are set by the decision of the assembly.
generally, its amount is credited to account 447 'members: surpluses to be distributed'.

If the terms of the rebate are not established, the amounts intended to be refunded are
credited to account 115 'optional reserves'. When a subsequent decision of
The general assembly determines the terms of the rebate, the necessary deduction from the reserve.
is done by debiting account 115 with the credit of account 88.
When the general assembly has decided, account 88 becomes the allocation account and
of the allocation of the results mentioned in Article 423.

89. Balance

890. Opening balance

891. Closing Balance

This report is prepared in accordance with the model provided in Section IV.

Common provisions for accounts 80, 87, 88, 89.

In the publication of the general operating account, the general income and loss account,
distribution and allocation of results and balance sheet, account numbers
The constituent lines are not reproduced.

Class 0

Special accounts

Class 0 groups all special accounts that do not belong in classes 1 to 8 of the framework.
accountant. It therefore does not concern the technical commitments that are the main subject of
insurance and its classic evaluation technique, particularly for the provisions of the class
3, relies on the law of statistical compensations.

Class 0 accounts are kept in double entry like the general accounting.
To do this, we use, within each main account, the sub-account whose
number ends with 9 as a counterpart to all other sub-accounts and sub-
accounts. For example, account 009 is the counterpart of accounts 000 and 001.

00. Commitments in favor of the company

This account reflects the company's situation in relation to third parties who may become debtors.

01. Commitments of the company

Account 01 expresses the different aspects of the company following the commitments made towards
the third parties or resulting from legal provisions. To this end, each element includes three columns:

In the first figure, the maximum cash outflow to which the company is exposed
example following the activation of a solidarity guarantee not imposing on others
co-debtors their share) ;

In the second column, the probable amount of cash outflow in case of a game is recorded.
the obligation (considering the chances that this obligation would not call into question
the company for a partial amount;

Finally, the third column indicates the estimate, no longer of liquid assets, but of the
the most likely potential patrimonial loss that would be caused for the company by having to
actually honor its commitment.

Account 016 concerns notably the support reinsurance treaties concluded with a subsidiary.
or a company in which the business holds a stake; cash flow charges
(maximum amount and probable charges) and the probable loss are quantified for the entire
three upcoming exercises.

Account 0170 is reserved for mutual insurance companies.

03. Other charges to third parties

Ce compte enregistre les montants de trésorerie que l'entreprise, en dehors de tout engagement
legal but as a matter of good management, decided to allocate to third parties (such as the needs of
essential cash flow over the next three years to assist or develop a subsidiary
or a company in which the enterprise holds a stake.

05. Interesting investment plan for the company

This account has the same purpose as account 03 but concerns the company itself, also at
over the next three years, for the commitments made or operations that have already
received a commencement of execution (notably the ongoing real estate operations,
the equipment of a branch, the creation, development or transformation of the network
commercial...)

06. Values received in pledge from assignors and re-assignors

This account receives the values pledged as collateral by the reinsurers.

07. Values belonging to provident institutions

This account is used in the case of the agreement with institutions, organizations, federations or
insurance groups provide that the securities purchased on their behalf based on instructions from
the insurance company
Managers will be registered in accounts in the name of these institutions.

08. Values provided by the reinsured organizations with joint surety or with substitutions

Account 08 is used:

by mutual society unions to record the investments made available to them by the
reinsured mutuals, in order to enable them to meet their obligations

by the agricultural mutual insurance and reinsurance companies approved, for

record the placements made available to them by the organizations exempt from approval that they
reassure.

This account is subdivided, according to needs, into divisional accounts and structured sub-accounts.
based on the model of class 2.
It is published at the foot of the balance sheet under the same conditions as account 06.