140 2019 Universal registration document and annual financial report - BNP PARIBAS
3 2019 review of oPerations
3
Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation
➤ RECONCILIATION OF PROFIT & LOSS WITH THE ALTERNATIVE PERFORMANCE MEASURES
➤ 2019 - Results by Core businesses
m Domestic
Markets
International Financial Services CIB
Operating Divisions
Corporate Centre Group
Revenues
15,262 17,183 12,080 44,526 71 44,597
% Change 2018 +0.9% +6.9% +11.6% +5.9% (85.1)% +4.9%
Operating Expenses and Dep.
(10,439) (10,507) (8,663) (29,609) (1,728) (31,337)
% Change 2018 +0.4% +4.5% +6.1% +3.5% (12.0)% +2.5%
Gross Operating Income
4,824 6,676 3,417 14,917 (1,657) 13,260
% Change 2018 +2.0% +10.9% +28.2% +11.2% +11.5% +11.1%
Cost of Risk
(1,016) (1,911) (218) (3,145) (58) (3,203)
% Change 2018 (2.7)% +22.0% n.s. +18.5% (46.8)% +15.9%
Operating Income
3,807 4,765 3,200 11,772 (1,715) 10,057
% Change 2018 +3.3% +6.9% +22.0% +9.4% +7.5% +9.7%
Share of Earnings of Equity-Method Entities 1 488 16 505 81 586
Other Non Operating Items 1 (27) (9) (35) 786 751
Pre-Tax Income
3,810 5,226 3,207 12,243 (849) 11,394
% Change 2018 +3.4% +4.5% +19.6% +7.7% (26.8)% +11.6%
Corporate Income Tax (2,811)
Net Income Attributable to Minority Interests (410)
Net Income Attributable to Equity Holders 8,173
➤ Reconciliation with profit and loss account aggregates of Retail Banking activity, excluding PEL/CEL effect and with 100% Private Banking
m 2019 2018
Retail Banking & Services Excl. PEL/CEL
Revenues 32,433 31,188
Operating Expenses and Dep. (20,946) (20,455)
Gross Operating Income 11,488 10,732
Cost of Risk (2,927) (2,611)
Operating Income 8,561 8,122
Share of Earnings of Equity-Method Entities 489 486
Other Non Operating Items (26) 58
Pre-Tax Income 9,024 8,665
Allocated Equity ( bn, year to date) 54.9 52.5
