2020 Universal registration document and annual financial report - BNP PARIBAS 151

32020 review of oPerations

3

Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation

In millions of euros 2020 2019

Retail Banking & SERVICES

Revenues 30,870 32,445

Operating Expenses and Dep. (20,384) (20,946)

Gross Operating Income 10,486 11,499

Cost of Risk (4,221) (2,927)

Operating Income 6,265 8,573

Share of Earnings of Equity-Method Entities 358 489

Other Non Operating Items 72 (26)

Pre-Tax Income 6,695 9,036

Allocated Equity ( bn, year to date) 55.3 54.9

In millions of euros 2020 2019

Domestic Markets - Excluding PEL/CEL Effects (including 100% of the Private Bank in France, Italy, Belgium and Luxembourg)(1)

Revenues 15,477 15,814

Operating Expenses and Dep. (10,568) (10,741)

Gross Operating Income 4,909 5,073

Cost of Risk (1,456) (1,021)

Operating Income 3,453 4,052

Share of Earnings of Equity-Method Entities 5 1

Other Non Operating Items 50 1

Pre-Tax Income 3,508 4,054

Income Attributable to Wealth and Asset Management (237) (256)

Pre-Tax Income of Domestic Markets 3,271 3,798

Allocated Equity ( bn, year to date) 26.2 25.7

In millions of euros 2020 2019

Domestic Markets (including 2/3 of the Private Bank in France, Italy, Belgium and Luxembourg)(1)

Revenues 14,932 15,262

Operating Expenses and Dep. (10,267) (10,439)

Gross Operating Income 4,665 4,824

Cost of Risk (1,446) (1,016)

Operating Income 3,219 3,807

Share of Earnings of Equity-Method Entities 5 1

Other Non Operating Items 50 1

Pre-Tax Income 3,274 3,810

Allocated Equity ( bn, year to date) 26.2 25.7

(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.