2018 Registration document and annual fi nancial report - BNP PARIBAS 207
4CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
4
Notes to the fi nancial statements
In millions of euros
1 January 2018 IFRS 9 & IFRS 15
Trading book Instruments at fair value through
proļ¬ t or loss not held for trading Financial assets at fair
value through equity
Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Securities 97,844 24,147 503 122,494 713 2,417 4,702 7,832 42,697 12,726 849 56,272
Governments 42,265 7,831 50,096 253 253 26,713 1,935 28,648
Asset Backed Securities - 7,928 97 8,025 - 555 - 555 - 1,386 - 1,386
CDOs/CLOs(1) 495 26 521 - -
Other Asset Backed Securities 7,433 71 7,504 555 555 1,386 1,386
Other debt securities 10,293 7,113 223 17,629 1,295 807 2,102 14,695 9,178 35 23,908
Equities and other equity securities 45,286 1,275 183 46,744 713 314 3,895 4,922 1,289 227 814 2,330
Loans and repurchase agreements - 143,502 263 143,765 - 38 1,145 1,183 - - - -
Loans 2,047 2,047 38 939 977
Repurchase agreements 141,455 263 141,718 206 206
FINANCIAL ASSETS AT FAIR VALUE 97,844 167,649 766 266,259 713 2,455 5,847 9,015 42,697 12,726 849 56,272
Securities 64,714 2,286 87 67,087 - - - -
Governments 47,421 249 47,670 -
Other debt securities 6,150 1,979 85 8,214 -
Equities and other equity securities 11,143 58 2 11,203 -
Borrowings and repurchase agreements - 171,082 1,065 172,147 - 2,026 472 2,498
Borrowings 4,500 4,500 2,026 472 2,498
Repurchase agreements 166,582 1,065 167,647 -
Issued debt securities (note 5.h) - - - - 1,916 35,673 12,901 50,490
Subordinated debt (note 5.h) - 836 836
Non subordinated debt (note 5.h) - 34,133 12,901 47,034
Debt representative of shares of consolidated funds held by third parties - 1,916 704 2,620
FINANCIAL LIABILITIES AT FAIR VALUE 64,714 173,368 1,152 239,234 1,916 37,699 13,373 52,988
(1) Collateralised Debt Obligations/Collateralised Loan Obligations.
