1452019 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
Europe-Mediterranean (Including 100% of Private Banking in Turkey)(1)
Revenues 2,699 2,358
Operating Expenses and Dep. (1,799) (1,605)
Gross Operating Income 900 753
Cost of Risk (399) (308)
Operating Income 502 445
Share of Earnings of Equity-Method Entities 224 188
Other Non Operating Items 7 53
Pre-Tax Income 733 686
Income Attributable to Wealth and Asset Management (4) (3)
Pre-Tax Income of EM 728 684
Allocated Equity ( bn, year to date) 5.3 4.8
(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.
m 2019 2018
Europe-Mediterranean (Including 2/3 of Private Banking in Turkey)
Revenues 2,690 2,351
Operating Expenses and Dep. (1,794) (1,600)
Gross Operating Income 896 750
Cost of Risk (399) (308)
Operating Income 497 443
Share of Earnings of Equity-Method Entities 224 188
Other Non Operating Items 7 53
Pre-Tax Income 728 684
Allocated Equity ( bn, year to date) 5.3 4.8
m 2019 2018
BancWest (Including 100% of Private Banking in United States)(1)
Revenues 2,375 2,289
Operating Expenses and Dep. (1,712) (1,682)
Gross Operating Income 663 607
Cost of Risk (148) (70)
Operating Income 515 537
Share of Earnings of Equity-Method Entities 0 0
Other Non Operating Items (3) 2
Pre-Tax Income 512 539
Income Attributable to Wealth and Asset Management (28) (28)
NRBI 484 512
Allocated Equity ( bn, year to date) 5.4 4.9
(1) Including 100% of Private Banking for the Revenues to Pre-tax income items.
