2018 REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

2018 Registration document and annual fi nancial report - BNP PARIBAS 185

4CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

Notes to the fi nancial statements

In millions of euros

Balances after phase 1 reclassiﬁ ca-

tions

Remeasurement phase 1

Total phase 1

Impairment adjustments

phase 2 TOTAL IFRS 9

Impact IFRS 15

Impact 1 January

2018

From available-for-

sale debt

securities to amortised

cost

From Loans and

receivables to Financial

assets at fair value

through equity

From Loans and

receivables to Financial

instruments at fair value

through proﬁ t or loss

Other adjust- ments TOTAL

ASSETS Cash and balances at central banks 178,446 - - (13) (13) 178,433 Financial instruments at fair value through proﬁ t or loss

Securities 130,317 25(f) (16) 9 7,362 7,362 130,326 Loans and repurchase agreements 144,968 (10)(f) (10) (20) 960 960 144,948 Derivative ﬁ nancial instruments 229,896 - (1) (1) 229,896

Derivatives uses for hedging purposes 13,721 - (2) (2) 13,721 Financial assets at fair value through equity

Debt securities 53,873 84(e) 7 91 (56,917) (22) (56,939) 53,942 Equity securities 2,330 - (4,598) (4,598) 2,330

Financial assets at amortised cost Loans and advances to credit institutions 20,405 - - (49) (49) 20,356 Loans and advances to customers 734,033 - (980) (2,857) (3,837) 731,176 Debt securities 69,634 (170)(a) (2) (172) 54,084 (36) 54,048 69,426

Remeasurement adjustment on interest-rate risk hedged portfolios 3,064 - - 3,064 Financial investments of insurance activities 227,712 - - 227,712 Current and deferred tax assets 6,568 42(a) (25)(e) (9)(f) 22 30 30 754 784 16 7,368 Accrued income and other assets 92,875 - - (12) (12) 98 92,961 Equity-method investments 6,426 (62)(h) (62) (62) (143) (205) 6,221 Property, plant and equipment and investment property 25,000 - - 25,000 Intangible assets 3,327 - - 3,327 Goodwill 9,571 - - 9,571 TOTAL ASSETS 1,952,166 (128) 59 6 (61) (124) (124) (2,378) (2,502) 114 1,949,778 TOTAL LIABILITIES 1,844,957 5 5 5 126 131 138 1,845,226

of which current and deferred tax liabilities 2,466 5 5 5 (245) (240) 8 2,234 of which accrued expenses and other liabilities 79,994 - - 478 80,472 of which provisions for contingencies and charges 11,061 - - 371 371 (348) 11,084

EQUITY Capital, retained earnings and net income for the period attributable to shareholders 100,093 5(f) (17) (12) 1,296 (2,418) (1,122) (24) 97,639 Changes in assets and liabilities recognised directly in equity that will not be reclassiﬁ ed to proﬁ t or loss 306 238 238 306 Changes in assets and liabilities recognised directly in equity that may be reclassiﬁ ed to proﬁ t or loss 1,584 (111)(a) 59(e) (51) (103) (1,649) (1,649) 1,481 Shareholders equity 101,983 (111) 59 5 (68) (115) (115) (2,418) (2,533) (24) 99,426 Retained earnings and net income for the period attributable to minority interests 5,400 1 1 19 (86) (67) 5,315 Changes in assets and liabilities recognised directly in equity that will not be reclassiﬁ ed to proﬁ t or loss (27) - 3 3 (27) Changes in assets and liabilities recognised directly in equity that may be reclassiﬁ ed to proﬁ t or loss (147) (17)(a) 2 (15) (36) (36) (162) Total m inority interests 5,226 (17) 1 2 (14) (14) (86) (100) 5,126 TOTAL EQUITY 107,209 (128) 59 6 (66) (129) (129) (2,504) (2,633) (24) 104,552 TOTAL LIABILITIES AND EQUITY 1,952,166 (128) 59 6 (61) (124) (124) (2,378) (2,502) 114 1,949,778