Universal registration document and annual financial report 2020

2020 Universal registration document and annual financial report - BNP PARIBAS318

5 risks and CaPital adequaCy Pillar 3

Capital management and capital adequacy

➤ TABLE 15: CHANGE IN REGULATORY CAPITAL

In millions of euros

COMMON EQUITY TIER 1 (CET1) CAPITAL

31 December 2019 81,204

Common Equity Tier 1 capital: instruments and reserves 7,427

Capital instruments and the related share premium accounts -

of which ordinary shares -

Retained earnings 4,878

Accumulated other comprehensive income (2,641)

Minority interests (amounts allowed in consolidated CET1) (58)

Independently reviewed interim profits net of any foreseeable charge or dividend 5,247

Common Equity Tier 1 (CET1) capital: regulatory adjustments 136

of which additionnal value adjustments (3)

of which intangible assets 1,341

of which net deferred tax assets depending on future profits excluding these arising from temporary differences 46

of which fair value reserves related to gains or losses on cash flow hedges (368)

of which negative amounts resulting from the calculation of expected loss amounts 218

of which gains or losses on liabilities valued at fair value resulting from changes in own credit standing 149

of which securitisation positions deducted from own funds 47

of which regulatory adjustments applied to Common Equity Tier 1 in respect of amounts subject to pre-CRR treatment 585

of which additional adjustments according to Article 3 of the CRR (1,922)

of which other adjustments 43

31 December 2020 88,767

ADDITIONAL TIER 1 CAPITAL

31 December 2019 8,758

Additional Tier 1 (AT1) capital: instruments(*) 1,266

Additional Tier 1 (AT1) capital: regulatory adjustments 15

Loans to credit or financial institutions more than 10%-owned -

Others 15

31 December 2020 10,040

TIER 2 CAPITAL

31 December 2019 13,753

Tier 2 (T2) capital: instruments and provisions(*) 1,644

Tier 2 (T2) capital: regulatory adjustments (373)

Loans to credit or financial institutions more than 10%-owned 340

Others (713)

31 December 2020 15,024

(*) In accordance with the eligibility rules for grandfathered debt in additional Tier 1 capital and Tier 2 capital applicable in 2020.