2019 Universal registration document and annual financial report - BNP PARIBAS 207
4Consolidated finanCial statements for the year ended 31 deCemBer 2019
4
Notes to the financial statements
➤ DETAIL OF FINANCIAL ASSETS AT AMORTISED COST BY STAGE
In millions of euros
31 December 2019 31 December 2018
Gross Value Impairment
(note 3.h) Carrying
amount Gross Value Impairment
(note 3.h) Carrying
amount
Loans and advances to credit institutions 21,793 (101) 21,692 19,707 (151) 19,556
Stage 1 21,279 (12) 21,267 19,128 (13) 19,115
Stage 2 418 (5) 413 419 (40) 379
Stage 3 96 (84) 12 160 (98) 62
Loans and advances to customers 826,953 (21,176) 805,777 789,952 (24,081) 765,871
Stage 1 719,160 (1,600) 717,560 668,667 (1,515) 667,152
Stage 2 78,005 (3,100) 74,905 87,328 (3,231) 84,097
Stage 3 29,788 (16,476) 13,312 33,957 (19,335) 14,622
Debt securities 108,588 (134) 108,454 75,203 (130) 75,073
Stage 1 107,630 (30) 107,600 74,240 (21) 74,219
Stage 2 754 (17) 737 769 (31) 738
Stage 3 204 (87) 117 194 (78) 116
Total financial assets at amortised cost 957,334 (21,411) 935,923 884,862 (24,362) 860,500
5.f IMPAIRED FINANCIAL ASSETS (STAGE 3) The following tables present the carrying amounts of impaired financial assets carried at amortised cost and of impaired financing and guarantee commitments, as well as related collateral and other guarantees.
The amounts shown for collateral and other guarantees correspond to the lower of the value of the collateral or other guarantee and the value of the secured assets.
In millions of euros
31 December 2019
Impaired financial assets (Stage 3) Collateral
receivedGross value Impairment Net
Loans and advances to credit institutions (note 5.e) 96 (84) 12 115
Loans and advances to customers (note 5.e) 29,788 (16,476) 13,312 8,821
Debt securities at amortised cost (note 5.e) 204 (87) 117 45
TOTAL AMORTISED-COST IMPAIRED ASSETS (STAGE 3) 30,088 (16,647) 13,441 8,981
Financing commitments given 1,094 (58) 1,036 306
Guarantee commitments given 1,432 (275) 1,157 342
TOTAL OFF-BALANCE SHEET IMPAIRED COMMITMENTS (STAGE 3) 2,526 (333) 2,193 648
In millions of euros
31 December 2018
Impaired financial assets (Stage 3) Collateral
receivedGross value Impairment Net
Loans and advances to credit institutions (note 5.e) 160 (98) 62 132
Loans and advances to customers (note 5.e) 33,957 (19,335) 14,622 9,663
Debt securities at amortised cost (note 5.e) 194 (78) 116
TOTAL AMORTISED-COST IMPAIRED ASSETS (STAGE 3) 34,311 (19,511) 14,800 9,795
Financing commitments given 644 (37) 607 148
Guarantee commitments given 1,285 (281) 1,004 250
TOTAL OFF-BALANCE SHEET IMPAIRED COMMITMENTS (STAGE 3) 1,929 (318) 1,611 398