2020 Universal registration document and annual financial report - BNP PARIBAS166

4 Consolidated finanCial statements for the year ended 31 deCemBer 2020

4

Balance sheet at 31 December 2020

4.3 Balance sheet at 31 December 2020

In millions of euros Notes 31 December 2020 31 December 2019 ASSETS Cash and balances at central banks 308,703 155,135 Financial instruments at fair value through profit or loss

Securities 4.a 167,927 131,935 Loans and repurchase agreements 4.a 244,878 196,927 Derivative financial instruments 4.a 276,779 247,287

Derivatives used for hedging purposes 4.b 15,600 12,452 Financial assets at fair value through equity

Debt securities 4.c 55,981 50,403 Equity securities 4.c 2,209 2,266

Financial assets at amortised cost Loans and advances to credit institutions 4.e 18,982 21,692 Loans and advances to customers 4.e 809,533 805,777 Debt securities 4.e 118,316 108,454

Remeasurement adjustment on interest-rate risk hedged portfolios 5,477 4,303 Financial investments of insurance activities 4.i 265,356 257,818 Current and deferred tax assets 4.k 6,559 6,813 Accrued income and other assets 4.l 140,904 113,535 Equity-method investments 4.m 6,396 5,952 Property, plant and equipment and investment property 4.n 33,499 32,295 Intangible assets 4.n 3,899 3,852 Goodwill 4.o 7,493 7,817 TOTAL ASSETS 2,488,491 2,164,713 LIABILITIES Deposits from central banks 1,594 2,985 Financial instruments at fair value through profit or loss

Securities 4.a 94,263 65,490 Deposits and repurchase agreements 4.a 288,595 215,093 Issued debt securities 4.a 64,048 63,758 Derivative financial instruments 4.a 282,608 237,885

Derivatives used for hedging purposes 4.b 13,320 14,116 Financial liabilities at amortised cost

Deposits from credit institutions 4.g 147,657 84,566 Deposits from customers 4.g 940,991 834,667 Debt securities 4.h 148,303 157,578 Subordinated debt 4.h 22,474 20,003

Remeasurement adjustment on interest-rate risk hedged portfolios 6,153 3,989 Current and deferred tax liabilities 4.k 3,001 3,566 Accrued expenses and other liabilities 4.l 107,846 102,749 Technical reserves and other insurance liabilities 4.i 240,741 236,937 Provisions for contingencies and charges 4.p 9,548 9,486 TOTAL LIABILITIES 2,371,142 2,052,868 EQUITY

Share capital, additional paid-in capital and retained earnings 106,228 97,135 Net income for the period attributable to shareholders 7,067 8,173

Total capital, retained earnings and net income for the period attributable to shareholders 113,295 105,308 Changes in assets and liabilities recognised directly in equity (496) 2,145 Shareholders equity 112,799 107,453 Minority interests 7.d 4,550 4,392 TOTAL EQUITY 117,349 111,845 TOTAL LIABILITIES AND EQUITY 2,488,491 2,164,713