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.