3012019 Universal registration document and annual financial report - BNP PARIBAS
5risks and CaPital adequaCy Pillar 3
5
Capital management and capital adequacy
➤ TABLE 14: REGULATORY CAPITAL
In millions of euros 31 December 2019
31 December 2018
Phased-in Transitional
arrangements(*)
Common Equity Tier 1 (CET1) capital: instruments and reserves
Capital instruments and the related share premium accounts 27,133 27,133 -
of which ordinary shares 27,133 27,133 -
Retained earnings 62,139 58,968 -
Accumulated other comprehensive income (and other reserves, to include unrealised gains and losses under the applicable accounting standards) 2,139 503 -
Minority interests (amount allowed in consolidated CET1) 1,742 1,781 -
Independently reviewed interim profits net of any foreseeable charge or dividend 3,888 3,387 -
COMMON EQUITY TIER 1 (CET1) CAPITAL BEFORE REGULATORY ADJUSTMENTS 97,041 91,772 -
Common Equity Tier 1 (CET1) capital: regulatory adjustments (15,837) (15,542) 98
COMMON EQUITY TIER 1 (CET1) CAPITAL 81,204 76,230 98
Additional Tier 1 (AT1) capital: instruments(**) 9,258 8,731 45
Additional Tier 1 (AT1) capital: regulatory adjustments (500) (44) -
ADDITIONAL TIER 1 (AT1) CAPITAL(**) 8,758 8,687 45
TIER 1 CAPITAL (T1 = CET1 + AT1)(**) 89,962 84,916 143
Tier 2 (T2) capital: instruments and provisions(**) 17,351 15,511 (45)
Tier 2 (T2) capital: regulatory adjustments (3,598) (3,233) -
TIER 2 (T2) CAPITAL(**) 13,753 12,278 (45)
TOTAL CAPITAL (TC = T1 + T2)(**) 103,716 97,194 98
(*) Amounts subject to pre-regulation treatment or prescribed residual amount of Regulation (EU) No. 575/2013. (**) In accordance with grandfathered Additional Tier 1 and Tier 2 eligibility rules applicable as of 2019.
Composition and evolution of regulatory capital
The detail of regulatory capital regulatory adjustments is presented in Appendix 2: Regulatory capital Detail.
The table presenting the details of the debt instruments recognised as capital, as well as their characteristics, in accordance with the template (EU CCA) required by implementing Regulation No. 1423/2013, is available in the BNP Paribas Debt section of the Investor Relations website: https://invest.bnpparibas.com/en/debts/tier-1-hybrids-subordinated- debt/capital-instruments-main-features-template.
