2019 Universal registration document and annual financial report - BNP PARIBAS466
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2019
6
BNP Paribas SA financial statements
6.1 BNP Paribas SA financial statements
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2019
In millions of euros Notes Year to 31 Dec. 2019 Year to 31 Dec. 2018
Interest income 2.a 22,446 19,702
Interest expense 2.a (18,506) (15,338)
Income on equities and other variable instruments 2.b 6,223 4,520
Commission income 2.c 6,153 5,541
Commission expense 2.c (1,304) (1,059)
Net gains on trading account securities 2.d 4,600 3,282
Net gains on securities available for sale 2.e 583 169
Other banking income 97 152
Other banking expenses (121) (159)
NET BANKING INCOME 20,171 16,810
Salaries and employee benefit expenses 5.a (6,700) (6,116)
Other administrative expenses (4,774) (4,872)
Depreciation, amortisation and impairment on tangible, and intangible assets (693) (608)
GROSS OPERATING INCOME 8,004 5,214
Cost of risk 2.f (759) (332)
OPERATING INCOME 7,245 4,882
Net gains or losses on disposals of long-term investments 2.g 575 (408)
Net additions to regulated provisions (5) (4)
INCOME BEFORE TAX 7,815 4,470
Income tax 2.h (325) 557
NET INCOME 7,490 5,027
