2018 Registration document and annual fi nancial report - BNP PARIBAS 143

32018 REVIEW OF OPERATIONS

3

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

In millions of euros 2018 2017

PEL/CEL effects(*) 20 19

(*) Reminder on PEL/CEL provision: this provision, accounted in the French Retail Banking s revenues, takes into account the risk generated by Plans Épargne Logement (PEL) and Comptes Épargne Logement (CEL) during their whole lifetime.

In millions of euros 2018 2017

BNL banca commerciale (Including 100% of Private Banking in Italy)(*)

Revenues 2,792 2,907

Operating Expenses and Dep. (1,797) (1,801)

Gross Operating Income 995 1,106

Cost of Risk (592) (871)

Operating Income 402 235

Non Operating Items (3) 1

Pre-Tax Income 399 236

Income Attributable to Wealth and Asset Management (43) (44)

Pre-Tax Income of BNL bc 356 192

Allocated Equity ( bn, year to date) 5.5 5.8

(*) Including 100% of Private Banking for the Revenues to Pre-tax income items.

In millions of euros 2018 2017

BNL banca commerciale (Including 2/3 of Private Banking in Italy)

Revenues 2,704 2,822

Operating Expenses and Dep. (1,752) (1,761)

Gross Operating Income 952 1,061

Cost of Risk (593) (870)

Operating Income 359 191

Non Operating Items (3) 1

Pre-Tax Income 356 192

Allocated Equity ( bn, year to date) 5.5 5.8

In millions of euros 2018 2017

Belgian Retail Banking (Including 100% of Private Banking in Belgium)(*)

Revenues 3,595 3,677

Operating Expenses and Dep. (2,521) (2,554)

Gross Operating Income 1,074 1,123

Cost of Risk (43) (65)

Operating Income 1,031 1,058

Share of Earnings of Equity-Method Entities 10 22

Other Non Operating Items 8 6

Pre-Tax Income 1,049 1,085

Income Attributable to Wealth and Asset Management (70) (73)

Pre-Tax Income of Belgian Retail Banking 980 1,013

Allocated Equity ( bn, year to date) 5.7 5.3

(*) Including 100% of Private Banking for the Revenues to Pre-tax income items.