2020 Universal registration document and annual financial report - BNP PARIBAS200

4 Consolidated finanCial statements for the year ended 31 deCemBer 2020

4

Notes to the financial statements

Change in impairment by accounting category and asset type during the previous period

In millions of euros 31 December 2018 Net allowance to impairment

Impairment provisions used

Effect of exchange rate

movements and other 31 December 2019

Assets impairment

Amounts due from central banks 15 1 (1) 15

Financial instruments at fair value through profit or loss 191 (39) (3) 149

Impairment of assets at fair value through equity 140 1 141

Financial assets at amortised cost 24,362 2,582 (5,560) 27 21,411

Loans and receivables 24,232 2,591 (5,560) 14 21,277

Debt securities 130 (9) 13 134

Other assets 80 10 90

Total impairment of financial assets 24,788 2,554 (5,560) 24 21,806

of which stage 1 1,581 124 (2) (27) 1,676

of which stage 2 3,325 (210) (10) 40 3,145

of which stage 3 19,882 2,640 (5,548) 11 16,985

Provisions recognised as liabilities

Provisions for commitments 775 45 (2) 818

Other provisions 417 50 (32) (19) 416

Total provisions recognised for credit commitments 1,192 95 (32) (21) 1,234

of which stage 1 237 22 259

of which stage 2 220 5 225

of which stage 3 735 68 (32) (21) 750

TOTAL IMPAIRMENT AND PROVISIONS 25,980 2,649 (5,592) 3 23,040

Change in impairment of amortised cost financial assets during the period (EU CR-2)

In millions of euros

Impairment on assets subject to

12-month Expected Credit Losses

(Stage 1)

Impairment on assets subject to lifetime Expected

Credit Losses (Stage 2)

Impairment on doubtful assets

(Stage 3) Total

AT 31 DECEMBER 2019 1,641 3,123 16,647 21,411

Net allowance to impairment 788 408 3,765 4,961

Financial assets purchased or originated during the period 605 372 977

Financial assets derecognised during the period(1) (346) (619) (607) (1,572)

Transfer to stage 2 (154) 2,035 (412) 1,469

Transfer to stage 3 (24) (764) 2,524 1,736

Transfer to stage 1 116 (818) (64) (766)

Other allowances/reversals without stage transfer(2) 591 202 2,324 3,117

Impairment provisions used (12) (15) (3,365) (3,392)

Effect of exchange rate movements and other items (74) (374) (828) (1,276)

AT 31 DECEMBER 2020 2,343 3,142 16,219 21,704

(1) Including disposals. (2) Including amortization.