2019 Universal registration document and annual financial report - BNP PARIBAS 185

4Consolidated finanCial statements for the year ended 31 deCemBer 2019

4

Notes to the financial statements

➤ COST OF RISK FOR THE PERIOD BY ACCOUNTING CATEGORIES AND ASSET TYPE

In millions of euros Year to

31 Dec. 2019 Year to

31 Dec. 2018

Cash and balances at central banks (1) (5)

Financial instruments at fair value through profit or loss 4 (32)

Financial assets at fair value through equity (12)

Financial assets at amortised cost (3,050) (2,690)

Loans and receivables (3,057) (2,648)

Debt securities 7 (42)

Other assets (4) (5)

Financing and guarantee commitments and other items (152) (20)

TOTAL COST OF RISK FOR THE PERIOD (3,203) (2,764)

Cost of risk on unimpaired assets and commitments 37 195

of which stage 1 (161) (155)

of which stage 2 198 350

Cost of risk on impaired assets and commitments stage 3 (3,240) (2,959)

➤ CREDIT RISK IMPAIRMENT

Change in impairment by accounting category and asset type during the period

In millions of euros 31 December 2018 Net allowance to impairment

Impairment provisions

used

Effect of exchange

rate movements

and other 31 December 2019

Assets impairment

Amounts due from central banks 15 1 (1) 15

Financial instruments at fair value through profit or loss 191 (39) (3) 149

Impairment of assets at fair value through equity 140 - 1 141

Financial assets at amortised cost 24,362 2,582 (5,560) 27 21,411

Loans and receivables 24,232 2,591 (5,560) 14 21,277

Debt securities 130 (9) 13 134

Other assets 80 10 90

Total impairment of financial assets 24,788 2,554 (5,560) 24 21,806

of which stage 1 1,581 124 (2) (27) 1,676

of which stage 2 3,325 (210) (10) 40 3,145

of which stage 3 19,882 2,640 (5,548) 11 16,985

Provisions recognised as liabilities

Provisions for commitments 775 45 (2) 818

Other provisions 417 50 (32) (19) 416

Total provisions recognised for credit commitments 1,192 95 (32) (21) 1,234

of which stage 1 237 22 - 259

of which stage 2 220 5 225

of which stage 3 735 68 (32) (21) 750

TOTAL IMPAIRMENT AND PROVISIONS 25,980 2,649 (5,592) 3 23,040