1412019 Universal registration document and annual financial report - BNP PARIBAS
32019 review of oPerations
3
Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation
m 2019 2018
Retail Banking & Services
Revenues 32,445 31,208
Operating Expenses and Dep. (20,946) (20,455)
Gross Operating Income 11,499 10,753
Cost of Risk (2,927) (2,611)
Operating Income 8,573 8,142
Share of Earnings of Equity-Method Entities 489 486
Other Non Operating Items (26) 58
Pre-Tax Income 9,036 8,686
Allocated Equity ( bn, year to date) 54.9 52.5
m 2019 2018
Domestic Markets (including 100% of PB in France, Italy, Belgium and Luxembourg)(1) Excluding PEL/CEL Effects
Revenues 15,814 15,683
Operating Expenses and Dep. (10,741) (10,707)
Gross Operating Income 5,073 4,977
Cost of Risk (1,021) (1,046)
Operating Income 4,052 3,930
Share of Earnings of Equity-Method Entities 1 (3)
Other Non Operating Items 1 0
Pre-Tax Income 4,054 3,927
Income Attributable to Wealth and Asset Management (256) (264)
Pre-Tax Income of Domestic Markets 3,798 3,663
Allocated Equity ( bn, year to date) 25.7 25.2
(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.
m 2019 2018
Domestic Markets (including 2/3 of PB in France, Italy, Belgium and Luxembourg)
Revenues 15,262 15,132
Operating Expenses and Dep. (10,439) (10,401)
Gross Operating Income 4,824 4,731
Cost of Risk (1,016) (1,045)
Operating Income 3,807 3,686
Share of Earnings of Equity-Method Entities 1 (3)
Other Non Operating Items 1 0
Pre-Tax Income 3,810 3,683
Allocated Equity ( bn, year to date) 25.7 25.2
