2018 Registration document and annual fi nancial report - BNP PARIBAS258
4 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
4
Notes to the fi nancial statements
8.h OTHER RELATED PARTIES Other related parties of the BNP Paribas Group comprise consolidated companies (including entities consolidated under the equity method) and entities managing post-employment benefi t plans offered to Group employees (except for multi-employer and multi-industry schemes).
Transactions between the BNP Paribas Group and related parties are carried out on an arm s length basis.
Relations between consolidated companies
A list of companies consolidated by the BNP Paribas Group is provided in note 8.j Scope of consolidation . Transactions and outstanding balances between fully-consolidated entities are eliminated. The tables below show transactions with entities accounted for under the equity method.
➤ OUTSTANDING BALANCES OF RELATED-PARTY TRANSACTIONS
In millions of euros
31 December 2018 IFRS 9 & IFRS 15
1 January 2018 IFRS 9 & IFRS 15
Joint ventures Associates Joint ventures Associates ASSETS
On demand accounts 2 171 7 186
Loans 3,784 85 3,675 1,980
Securities 769 - 829 -
Other assets 56 76 2 123
Financial investments of insurance activities 1 3 1 7
TOTAL 4,612 335 4,514 2,296
LIABILITIES
On demand accounts 150 555 74 625
Other borrowings 53 2,084 45 2,303
Other liabilities 43 61 14 37
Technical reserves and other insurance liabilities - 2 - 4
TOTAL 246 2,702 133 2,969
FINANCING COMMITMENTS AND GUARANTEE COMMITMENTS
Financing commitments given 132 671 164 822
Guarantee commitments given 2,543 44 3,002 111
TOTAL 2,675 715 3,166 933
The Group also carries out trading transactions with related parties involving derivatives (swaps, options and forwards, etc.) and fi nancial instruments purchased or underwritten and issued by them (equities, bonds, etc.).
