Universal registration document and annual financial report 2019

302 2019 Universal registration document and annual financial report - BNP PARIBAS

5 risks and CaPital adequaCy Pillar 3

Capital management and capital adequacy

➤ TABLE 15: CHANGE IN REGULATORY CAPITAL

In millions of euros

COMMON EQUITY TIER 1 (CET1) CAPITAL

31 December 2018 76,131

Common Equity Tier 1 capital: instruments and reserves 5,269

Capital instruments and the related share premium accounts -

of which ordinary shares -

Retained earnings 3,171

Accumulated other comprehensive income 1,636

Minority interests (amounts allowed in consolidated CET1) (40)

Independently reviewed interim profits net of any foreseeable charge or dividend 501

Common Equity Tier 1 (CET1) capital: regulatory adjustments (196)

of which additionnal value adjustments (504)

of which intangible assets 782

of which net deferred tax assets depending on future profits excluding these arising from temporary differences 194

of which fair value reserves related to gains or losses on cash flow hedges (247)

of which negative amounts resulting from the calculation of expected loss amounts (309)

of which gains or losses on liabilities valued at fair value resulting from changes in own credit standing (25)

of which securitisation positions deducted from own funds (41)

of which regulatory adjustments applied to Common Equity Tier 1 in respect of amounts subject to pre-CRR treatment (120)

of which other adjustments 74

31 December 2019 81,204

ADDITIONAL TIER 1 CAPITAL

31 December 2018(*) 8,642

Additional Tier 1 (AT1) capital: instruments 572

Additional Tier 1 (AT1) capital: regulatory adjustments (456)

Loans to credit or financial institutions more than 10%-owned (450)

Others (6)

31 December 2019 8,758

TIER 2 CAPITAL

31 December 2018(*) 12,323

Tier 2 (T2) capital: instruments and provisions 1,796

Tier 2 (T2) capital: regulatory adjustments (365)

Loans to credit or financial institutions more than 10%-owned (140)

Others (226)

31 December 2019 13,753

(*) In accordance with grandfathered Additional Tier 1 and Tier 2 eligibility rules applicable as of 2019.