2020 Universal registration document and annual financial report - BNP PARIBAS198
4 Consolidated finanCial statements for the year ended 31 deCemBer 2020
4
Notes to the financial statements
➤ COST OF CREDIT RISK FOR THE PERIOD
In millions of euros Year to
31 Dec. 2020 Year to
31 Dec. 2019
Net allowances to impairment (5,358) (2,649)
Recoveries on loans and receivables previously written off 457 429
Losses on irrecoverable loans (816) (983)
TOTAL COST OF RISK FOR THE PERIOD (5,717) (3,203)
➤ COST OF RISK FOR THE PERIOD BY ACCOUNTING CATEGORIES AND ASSET TYPE
In millions of euros Year to
31 Dec. 2020 Year to
31 Dec. 2019
Cash and balances at central banks (5) (1)
Financial instruments at fair value through profit or loss (181) 4
Financial assets at fair value through equity (6)
Financial assets at amortised cost (5,249) (3,050)
Loans and receivables (5,215) (3,057)
Debt securities (34) 7
Other assets (17) (4)
Financing and guarantee commitments and other items (259) (152)
TOTAL COST OF RISK FOR THE PERIOD (5,717) (3,203)
Cost of risk on unimpaired assets and commitments (1,404) 37
of which stage 1 (895) (161)
of which stage 2 (509) 198
Cost of risk on impaired assets and commitments stage 3 (4,313) (3,240)
