2019 Universal registration document and annual financial report - BNP PARIBAS 257
4Consolidated finanCial statements for the year ended 31 deCemBer 2019
4
Notes to the financial statements
31 December 2019 31 December 2018
Name Country Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. BNPP Proprietario Fundo de Investimento Multimercado(s) Brazil Full - - Full - - BNPP RCC Inc USA Full 100% 100% Full 100% 100% BNPP Securities Corp USA Full 100% 100% Full 100% 100% BNPP US Investments Inc (Ex- BNPP Energy Trading Holdings Inc) USA Full 100% 100% Full 100% 100% BNPP US Wholesale Holdings Corp USA Full 100% 100% Full 100% 100% BNPP USA Inc USA Full 100% 100% Full 100% 100% BNPP VPG Adonis LLC(s) USA Full - - Full - - BNPP VPG Brookfin LLC(s) USA Full - - Full - - BNPP VPG Brookline Cre LLC(s) USA Full - - Full - - BNPP VPG CT Holdings LLC(s) USA Full - - Full - - BNPP VPG EDMC Holdings LLC(s) USA Full - - Full - - BNPP VPG Express LLC(s) USA Full - - Full - - BNPP VPG Freedom Communications LLC(s) USA S1 BNPP VPG Legacy Cabinets LLC(s) USA S1 BNPP VPG Mark IV LLC(s) USA S1 BNPP VPG Master LLC(s) USA Full - - Full - - BNPP VPG Medianews Group LLC(s) USA S1 BNPP VPG Northstar LLC(s) USA S1 BNPP VPG Pacex LLC(s) USA S1 BNPP VPG PCMC LLC(s) USA S1 BNPP VPG SBX Holdings LLC(s) USA S1 Dale Bakken Partners 2012 LLC USA FV 23.8% 23.8% FV 23.8% 23.8% E1 Decart Re Ltd(s) Bermuda Full (2) - - Full (2) - - E1 FSI Holdings Inc USA Full 100% 100% Full 100% 100% Starbird Funding Corp(s) USA Full - - Full - - Via North America Inc USA S4 Pacific Asia Bank BNPP Indonesia PT Indonesia Full 100% 100% Full 100% 100% BNP Pacific Australia Ltd Australia S3 BNPP Amber Holdings Pty Ltd Australia S3 Full 100% 100% BNPP Arbitrage Hong Kong Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP China Ltd China Full 100% 100% Full 100% 100% BNPP Commodities Trading Shanghai Co Ltd China Full 100% 100% Full 100% 100% BNPP Finance Hong Kong Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP India Holding Private Ltd India Full 100% 100% Full 100% 100% BNPP India Solutions Private Ltd India Full 100% 100% Full 100% 100% BNPP Malaysia Berhad Malaysia Full 100% 100% Full 100% 100% BNPP Securities Asia Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP Securities India Private Ltd India Full 100% 100% Full 100% 100% BNPP Securities Japan Ltd Japan Full 100% 100% Full 100% 100%
BNPP Securities Korea Co Ltd Rep. of Korea Full 100% 100% Full 100% 100%
31 December 2019 31 December 2018
Name Country Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. BNPP Securities Singapore Pte Ltd Singapore S3 Full 100% 100% BNPP Securities Taiwan Co Ltd Taiwan Full 100% 100% Full 100% 100% BNPP Sekuritas Indonesia PT Indonesia Full 99% 99% Full 99% 99% BPP Holdings Pte Ltd Singapore Full 100% 100% Full 100% 100% Other Business Units Property companies (property used in operations) and others Antin Participation 5 France Full 100% 100% Full 100% 100% BNPP Home Loan SFH France Full (1) 100% 100% Full (1) 100% 100% BNPP Partners for Innovation France Equity 50% 50% Equity 50% 50% BNPP Procurement Tech France Full 100% 100% Full 100% 100% E1 BNPP Public Sector SCF France Full (1) 100% 100% Full (1) 100% 100% Cobema Belgium S4 Euro Secured Notes Issuer(s) France Full - - Full - - FCT Laffitte 2016(s) France Full - - Full - - FCT Opéra 2014(s) France Full - - Full - - GIE Groupement Auxiliaire de Moyens France Full 100% 100% Full 100% 100% GIE Groupement d Etudes et de Prestations France Full 100% 100% Full 100% 100% E1 Société Immobilière du Marché Saint-Honoré France S2
(a) At 31 December 2019, the securitisation funds Ecarat UK includes 5 funds (Ecarat PLC 6 to 10), versus 4 funds (Ecarat PLC 6 to 9) at 31 December 2018
(b) At 31 December 2019 the securitisation funds UCI and RMBS Prado include 15 funds (FCC UCI 9 to 12, 14 to 17, Fondo de Titulizacion Structured Covered Bonds and RMBS Prado I to VI) versus 14 funds (FCC UCI 9 to 12, 14 to 17 and RMBS Prado I to VI) at 31 December 2018
(c) At 31 December 2019 and at 31 December 2018, the securitisation funds Domos comprise these funds : Domos 2011 and Domos 2017
(d) At 31 December 2019, 103 Construction-sale companies (84 Full and 19 Equity) versus 95 at 31 December 2018 (77 Full and 18 Equity)
(e) At 31 December 2019, 11 Private Equity investment entities versus 8 entities at 31 December 2018
Changes in the scope of consolidation New entries (E) in the scope of consolidation E1 Passing qualifying thresholds E2 Incorporation E3 Purchase, gain of control or significant influence Removals (S) from the scope of consolidation S1 Cessation of activity (dissolution, liquidation...) S2 Disposal, loss of control or loss of significant influence S3 Passing qualifying thresholds S4 Merger, Universal transfer of assets and liabilities Variance (V) in voting or ownership interest V1 Additional purchase V2 Partial disposal V3 Dilution V4 Increase in %
Miscellaneous D1 Consolidation method change not related to fluctuation in voting or ownership interest Equity Controlled but non material entities consolidated under the equity method as associates FV Joint control or investment in associates measured at Fair Value through P&L (s) Structured entities
Prudential scope of consolidation (1) French subsidiaries whose supervision of prudential requirements is complied with through the supervision on
a consolidated basis of BNP Paribas SA, in accordance with article 7.1 of Regulation n°575/2013 of the European Parliament and of the Council
(2) Entities consolidated under the equity method in the prudential scope (3) Jointly controlled entities under proportional consolidation in the prudential scope (4) Collective investment undertaking excluded from the prudential scope.
As requested by the ANC 2016 regulation, the list of entities that are controlled by the Group, jointly controlled or under significant influence, but excluded from the scope of consolidation since their contribution to the consolidated financial statements would be immaterial to the Group, and the list of equity investments, are available on the Regulated Information page of the https://invest.bnpparibas.com website.