364 2019 Universal registration document and annual financial report - BNP PARIBAS
5 risks and CaPital adequaCy Pillar 3
5
Credit risk
➤ TABLE 45: BREAKDOWN OF FINANCIAL ASSETS SUBJECT TO IMPAIRMENT BY STAGE AND INTERNAL RATING [Audited]
In millions of euros
31 December 2019
Gross carrying value
Impairments
Net carrying
value
BNP Paribas rating or equivalent
TOTAL1 to 3 4 to 5 6 to 8 9 to 10 Defaulted
Central Banks 147,801 1,452 1,985 321 - 151,559 (16) 151,543
Stage 1 147,801 1,441 1,911 - - 151,154 (16) 151,137
Stage 2 - 11 74 321 - 406 - 406
Stage 3 - - - - - - - -
Debt securities at fair value through equity 49,123 2,833 1,793 9 117 53,875 (140) 53,735
Stage 1 49,123 2,702 1,672 - - 53,497 (5) 53,492
Stage 2 - 131 121 9 - 261 (22) 239
Stage 3 - - - - 117 117 (113) 4
Loans and advances at amortised cost 183,774 259,584 388,154 11,451 30,233 873,196 (21,374) 851,822
Stage 1 183,774 247,877 332,798 - - 764,449 (1,632) 762,817
Stage 2 - 11,707 55,356 11,451 - 78,514 (3,176) 75,338
Stage 3 - - - - 30,233 30,233 (16,566) 13,667
Debt securities at amortised cost 96,670 9,576 3,057 98 204 109,605 (134) 109,472
Stage 1 96,670 9,077 2,900 - - 108,647 (30) 108,617
Stage 2 - 499 157 98 - 754 (17) 737
Stage 3 - - - - 204 204 (87) 117
Financing and guarantee commitments 220,902 138,880 117,624 2,627 2,526 482,559 (818) 481,741
Stage 1 220,902 135,934 106,742 - - 463,578 (259) 463,319
Stage 2 - 2,946 10,882 2,627 - 16,455 (225) 16,230
Stage 3 - - - - 2,526 2,526 (334) 2,192
TOTAL 698,270 412,325 512,613 14,505 33,080 1,670,794 (22,482) 1,648,312
The following table shows the carrying amounts of the financial assets subject to impairment provisions for credit risk broken down by stage of impairment and by BNP Paribas internal rating in the prudential scope. Financial assets subject to impairment are recognised in the following accounting categories:
■ amounts due from central banks (excluding cash);
■ debt securities at fair value through equity or at amortised cost;
■ loans and advances at amortised cost;
■ financing and guarantee commitments given (off-balance sheet).
