2018 Registration document and annual fi nancial report - BNP PARIBAS154
4 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
4
Balance sheet at 31 December 2018
4.3 Balance sheet at 31 December 2018
In millions of euros Notes 31 December 2018
IFRS 9 & IFRS 15 1 January 2018(1)
IFRS 9 & IFRS 15 31 December 2017(2)
IAS 39 ASSETS Cash and balances at central banks 185,119 178,433 178,446 Financial instruments at fair value through profi t or loss
Securities 5.a 121,954 130,326 122,964 Loans and repurchase agreements 5.a 183,716 144,948 143,988 Derivative fi nancial instruments 5.a 232,895 229,896 229,897
Derivatives used for hedging purposes 5.b 9,810 13,721 13,723 Financial assets at fair value through equity
Debt securities 5.c 53,838 53,942 110,881 Equity securities 5.c 2,151 2,330 6,928
Financial assets at amortised cost Loans and advances to credit institutions 5.e 19,556 20,356 20,405 Loans and advances to customers 5.e 765,871 731,176 735,013 Debt securities 5.e 75,073 69,426 15,378
Remeasurement adjustment on interest-rate risk hedged portfolios 2,787 3,064 3,064 Financial investments of insurance activities 5.i 232,308 227,712 227,712 Current and deferred tax assets 5.k 7,220 7,368 6,568 Accrued income and other assets 5.l 103,346 92,961 92,875 Equity-method investments 5.m 5,772 6,221 6,426 Property, plant and equipment and investment property 5.n 26,652 25,000 25,000 Intangible assets 5.n 3,783 3,327 3,327 Goodwill 5.o 8,487 9,571 9,571 Non-current assets held for sale 8.c 498 TOTAL ASSETS 2,040,836 1,949,778 1,952,166 LIABILITIES Deposits from central banks 1,354 1,471 1,471 Financial instruments at fair value through profi t or loss
Securities 5.a 75,189 67,087 67,087 Deposits and repurchase agreements 5.a 204,039 174,645 174,645 Issued debt securities 5.a 54,908 50,490 50,490 Derivative fi nancial instruments 5.a 225,804 227,644 227,644
Derivatives used for hedging purposes 5.b 11,677 15,682 15,682 Financial liabilities at amortised cost
Deposits from credit institutions 5.g 78,915 76,503 76,503 Deposits from customers 5.g 796,548 760,941 760,941 Debt securities 5.h 151,451 148,156 148,156 Subordinated debt 5.h 17,627 15,951 15,951
Remeasurement adjustment on interest-rate risk hedged portfolios 2,470 2,372 2,372 Current and deferred tax liabilities 5.k 2,255 2,234 2,466 Accrued expenses and other liabilities 5.l 89,562 80,472 79,994 Technical reserves and other insurance liabilities 5.j 213,691 210,494 210,494 Provisions for contingencies and charges 5.p 9,620 11,084 11,061 TOTAL LIABILITIES 1,935,110 1,845,226 1,844,957 EQUITY
Share capital, additional paid-in capital and retained earnings 93,431 89,880 91,026 Net income for the period attributable to shareholders 7,526 7,759 7,759
Total capital, retained earnings and net income for the period attributable to shareholders 100,957 97,639 98,785 Changes in assets and liabilities recognised directly in equity 510 1,787 3,198 Shareholders equity 101,467 99,426 101,983 Minority interests 8.d 4,259 5,126 5,226 TOTAL EQUITY 105,726 104,552 107,209 TOTAL LIABILITIES AND EQUITY 2,040,836 1,949,778 1,952,166
(1) As of 1 January 2018 after implementation of IFRS 9 and IFRS 15, as described in note 2.b. (2) Revised presentation, based on reclassifi cations and adjustments detailed in note 2.a, mainly related to the re-labelling of fi nancial instruments item
headings, the reclassifi cation of fi nancial instruments of insurance activities into Financial investments of insurance activities , and the impact of securities recognition at settlement date.
