2018 Registration document and annual fi nancial report - BNP PARIBAS 145
32018 REVIEW OF OPERATIONS
3
Alternative Performance Measures (APM) Article 223-1 of the AMF s General regulation
In millions of euros 2018 2017
Europe-Mediterranean (Including 100% of Private Banking in Turkey)(*)
Revenues 2,358 2,337
Operating Expenses and Dep. (1,605) (1,661)
Gross Operating Income 753 675
Cost of Risk (308) (259)
Operating Income 445 416
Share of Earnings of Equity-Method Entities 188 198
Other Non Operating Items 53 5
Pre-Tax Income 686 619
Income Attributable to Wealth and Asset Management (3) (2)
Pre-Tax Income of Europe-Mediterranean 684 616
Allocated Equity ( bn, year to date) 4.8 4.9
(*) Including 100% of Private Banking for the Revenues to Pre-tax income items.
In millions of euros 2018 2017
Europe-Mediterranean (Including 2/3 of Private Banking in Turkey)
Revenues 2,351 2,329
Operating Expenses and Dep. (1,600) (1,656)
Gross Operating Income 750 673
Cost of Risk (308) (259)
Operating Income 443 414
Share of Earnings of Equity-Method Entities 188 198
Other Non Operating Items 53 5
Pre-Tax Income 684 616
Allocated Equity ( bn, year to date) 4.8 4.9
In millions of euros 2018 2017
BancWest (Including 100% of Private Banking in United States)(*)
Revenues 2,647 2,994
Operating Expenses and Dep. (1,870) (2,035)
Gross Operating Income 777 959
Cost of Risk (82) (111)
Operating Income 694 848
Share of Earnings of Equity-Method Entities 0 0
Other Non Operating Items 152 3
Pre-Tax Income 847 851
Income Attributable to Wealth and Asset Management (28) (21)
Pre-Tax Income of BancWest 819 830
Allocated Equity ( bn, year to date) 5.7 6.4
(*) Including 100% of Private Banking for the Revenues to Pre-tax income items.