2020 Universal registration document and annual financial report - BNP PARIBAS494
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2020
6
BNP Paribas SA financial statements
6.1 BNP Paribas SA financial statements
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020
In millions of euros Notes Year to 31 Dec. 2020 Year to 31 Dec. 2019
Interest income 2.a 17,807 22,446
Interest expense 2.a (12,405) (18,506)
Income on equities and other variable instruments 2.b 2,248 6,223
Commission income 2.c 6,162 6,153
Commission expense 2.c (1,473) (1,304)
Net gains on trading account securities 2.d 5,328 4,600
Net gains on securities available for sale 2.e 379 583
Other banking income 184 97
Other banking expenses (169) (121)
NET BANKING INCOME 18,061 20,171
Salaries and employee benefit expenses 5.a (6,623) (6,700)
Other administrative expenses (4,727) (4,774)
Depreciation, amortisation and impairment on tangible, and intangible assets (644) (693)
GROSS OPERATING INCOME 6,067 8,004
Cost of Risk 2.f (962) (759)
OPERATING INCOME 5,105 7,245
Net gains or losses on disposals of long-term investments 2.g (81) 575
Net additions to or reversals of regulated provisions 33 (5)
INCOME BEFORE TAX 5,057 7,815
Income Tax 2.h (653) (325)
NET INCOME 4,404 7,490
