2019 Universal registration document and annual financial report - BNP PARIBAS154

4 Consolidated finanCial statements for the year ended 31 deCemBer 2019

4

Balance sheet at 31 December 2019

4.3 Balance sheet at 31 December 2019

In millions of euros Notes 31 December 2019 31 December 2018 ASSETS Cash and balances at central banks 155,135 185,119 Financial instruments at fair value through profit or loss

Securities 5.a 131,935 121,954 Loans and repurchase agreements 5.a 196,927 183,716 Derivative financial instruments 5.a 247,287 232,895

Derivatives used for hedging purposes 5.b 12,452 9,810 Financial assets at fair value through equity

Debt securities 5.c 50,403 53,838 Equity securities 5.c 2,266 2,151

Financial assets at amortised cost Loans and advances to credit institutions 5.e 21,692 19,556 Loans and advances to customers 5.e 805,777 765,871 Debt securities 5.e 108,454 75,073

Remeasurement adjustment on interest-rate risk hedged portfolios 4,303 2,787 Financial investments of insurance activities 5.i 257,818 232,308 Current and deferred tax assets 5.k 6,813 7,220 Accrued income and other assets 5.l 113,535 103,346 Equity-method investments 5.m 5,952 5,772 Property, plant and equipment and investment property 5.n 32,295 26,652 Intangible assets 5.n 3,852 3,783 Goodwill 5.o 7,817 8,487 Non-current assets held for sale 8.c 498 TOTAL ASSETS 2,164,713 2,040,836 LIABILITIES Deposits from central banks 2,985 1,354 Financial instruments at fair value through profit or loss

Securities 5.a 65,490 75,189 Deposits and repurchase agreements 5.a 215,093 204,039 Issued debt securities 5.a 63,758 54,908 Derivative financial instruments 5.a 237,885 225,804

Derivatives used for hedging purposes 14,116 11,677 Financial liabilities at amortised cost

Deposits from credit institutions 5.g 84,566 78,915 Deposits from customers 5.g 834,667 796,548 Debt securities 5.h 157,578 151,451 Subordinated debt 5.h 20,003 17,627

Remeasurement adjustment on interest-rate risk hedged portfolios 3,989 2,470 Current and deferred tax liabilities 5.k 3,566 2,255 Accrued expenses and other liabilities 5.l 102,749 89,562 Technical reserves and other insurance liabilities 5.j 236,937 213,691 Provisions for contingencies and charges 5.p 9,486 9,620 TOTAL LIABILITIES 2,052,868 1,935,110 EQUITY

Share capital, additional paid-in capital and retained earnings 97,135 93,431 Net income for the period attributable to shareholders 8,173 7,526

Total capital, retained earnings and net income for the period attributable to shareholders 105,308 100,957 Changes in assets and liabilities recognised directly in equity 2,145 510 Shareholders equity 107,453 101,467 Minority interests 8.d 4,392 4,259 TOTAL EQUITY 111,845 105,726 TOTAL LIABILITIES AND EQUITY 2,164,713 2,040,836