2018 Registration document and annual fi nancial report - BNP PARIBAS140

3 2018 REVIEW OF OPERATIONS

3

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

■ RECONCILIATION OF PROFIT & LOSS WITH THE ALTERNATIVE PERFORMANCE MEASURES

➤ 2018 - Results by Core businesses

In millions of euros Domestic

Markets

International Financial Services CIB

Operating Divisions

Corporate Centre Group

Revenues

15,132 16,434 10,829 42,396 120 42,516

%Change/2017 -0.2% +3.4% -7.5% -0.9% -69.5% -1.5%

Operating Expenses and Dep.

(10,401) (10,242) (8,163) (28,807) (1,776) (30,583)

%Change/2017 +0.8% +5.4% -1.3% +1.7% +9.1% +2.1%

Gross Operating Income

4,731 6,192 2,666 13,589 -1,656 11,933

%Change/2017 -2.3% +0.2% -22.3% -6.0% +34.2% -9.7%

Cost of Risk

(1,045) (1,579) (43) (2,667) (97) (2,764)

%Change/2017 -22.8% +16.9% -47.1% -4.3% -19.6% -4.9%

Operating Income

3,686 4,613 2,623 10,922 -1,753 9,169

%Change/2017 +5.7% -4.4% -21.7% -6.4% +29.4% -11.1%

Share of Earnings of Equity-Method Entities -3 489 59 544 84 628

Other Non Operating Items 0 208 0 207 204 411

Pre-Tax Income

3,683 5,310 2,681 11,674 -1,466 10,208

%Change/2017 +3.5% -8.8% -21.0% -8.6% +0.1% -9.7%

Net Income Attributable to Minority Interests -479

Net Income Attributable to Equity Holders 7,526

➤ Reconciliation with profit and loss account aggregates of Retail Banking activity, excluding PEL/CEL effect and with 100% Private Banking

In millions of euros 2018 2017

Retail Banking & Services Excluding PEL/CEL Effects

Revenues 31,546 31,045

Operating Expenses and Dep. (20,644) (20,044)

Gross Operating Income 10,903 11,001

Cost of Risk (2,624) (2,705)

Operating Income 8,279 8,296

Share of Earnings of Equity-Method Entities 486 622

Other Non Operating Items 208 443

Pre-Tax Income 8,972 9,361

Allocated Equity ( bn, year to date) 53.3 51.4