2018 REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

2018 Registration document and annual fi nancial report - BNP PARIBAS 153

4CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

Statement of net income and changes in assets and liabilities recognised directly in equity

4.2 Statement of net income and changes in assets and liabilities recognised directly in equity

In millions of euros

Year to 31 Dec. 2018

IFRS 9 & IFRS 15

Year to 31 Dec. 2017(1)

IAS 39

Net income for the period 8,005 8,207

Changes in assets and liabilities recognised directly in equity (1,315) (3,019)

Items that are or may be reclassifi ed to profi t or loss (1,404) (3,171)

Changes in exchange differences (159) (2,589)

Changes in fair value of fi nancial assets at fair value through equity

Changes in fair value recognised in equity (461) 679

Changes in fair value reported in net income (110) (837)

Changes in fair value of investments of insurance activities

Changes in fair value recognised in equity (530) (243)

Changes in fair value reported in net income (99) (25)

Changes in fair value of hedging instruments

Changes in fair value recognised in equity (406) (237)

Changes in fair value reported in net income (7) 4

Income tax 505 426

Changes in equity-method investments (137) (349)

Items that will not be reclassifi ed to profi t or loss 89 152

Changes in fair value of equity instruments designated as at fair value through equity (148)

Debt remeasurement effect arising from BNP Paribas Group issuer risk 195

Remeasurement gains (losses) related to post-employment benefi t plans 137 177

Income tax (96) (25)

Changes in equity-method investments 1

TOTAL 6,690 5,188

Attributable to equity shareholders 6,215 4,956

Attributable to minority interests 475 232

(1) Revised presentation, including the changes described in note 2a: reallocation of changes in fair value of available-for-sale fi nancial assets, including those reclassifi ed as loans and receivables related to insurance activities into changes in fair value of investments of insurance activities and re- labelling of changes in fair value of available-for-sale fi nancial assets, including those reclassifi ed as loans and receivables not related to insurance activities into changes in fair value of fi nancial instruments at fair value through equity .