2018 Registration document and annual fi nancial report - BNP PARIBAS 113

3.1 BNP Paribas consolidated results 114 Good resilience of income 114

3.2 Core business results 116 Retail Banking & Services 116 Domestic Markets 116 International Financial Services 120 Corporate and Institutional Banking (CIB) 124 Corporate Centre 127

3.3 Balance sheet 128 Assets 128 Liabilities 129 Minority interests 130 Consolidated equity attributable to shareholders 130 Financing and guarantee commitments 130

3.4 Profi t and loss account 131 Net banking income 131 Operating expenses, amortisation and depreciation of fi xed and intangible assets 133 Gross operating income 133 Cost of risk 133 Net income attributable to equity holders 134 Minority interests 134

3.5 Recent events 135 Products and services 135 Acquisitions and partnerships 135

3.6 Outlook 136 A confi rmed 2020 ambition 136 Trend information 138

3.7 Financial structure 138

3.8 Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation 139

2018 REVIEW OF OPERATIONS3