2018 Registration document and annual fi nancial report - BNP PARIBAS268
4 CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018
4
Notes to the fi nancial statements
31 December 2018 31 December 2017
Name Country Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. Middle East BNPP Investment Co KSA Saudi Arabia Full 100% 100% D1 Equity* 100% 100% Africa BNPP Securities South Africa Holdings Pty Ltd South Africa S3 BNPP Securities South Africa Pty Ltd South Africa S3 CIB Americas Banco BNPP Brasil SA Brazil Full 100% 100% Full 100% 100% Banexi Holding Corp. USA S4 Full 100% 100% BNPP Canada Corp. Canada Full 100% 100% Full 100% 100% BNPP Canada Valeurs Mobilières Inc. Canada S3 BNPP Capital Services Inc. USA Full 100% 100% Full 100% 100% BNPP CC Inc. USA S4 Full 100% 100% BNPP Colombia Corporacion Financiera SA Colombia Full 100% 100% Full 100% 100% D1 BNPP Energy Trading GP USA Full 100% 100% Full 100% 100% BNPP Energy Trading Holdings Inc. USA Full 100% 100% Full 100% 100% BNPP Energy Trading LLC USA Full 100% 100% Full 100% 100% BNPP FS LLC USA Full 100% 100% Full 100% 100% BNPP IT Solutions Canada Inc. Canada Full 100% 100% Full 100% 100% D1 BNPP Leasing Corp. USA S1 BNPP Prime Brokerage Inc. USA S4 Full 100% 100% BNPP RCC Inc. USA Full 100% 100% Full 100% 100% BNPP Securities Corp. USA Full 100% 100% Full 100% 100% BNPP US Wholesale Holdings Corp. USA Full 100% 100% Full 100% 100% BNPP USA Inc. USA Full 100% 100% Full 100% 100% Dale Bakken Partners 2012 LLC USA FV 23.8% 23.8% E1 French American Banking Corp. USA S1 FSI Holdings Inc. USA Full 100% 100% Full 100% 100% Via North America Inc. USA S4 Full 100% 100% Structured Entities BNPP EQD Brazil Fund Fundo de Investmento Multimercado Brazil Full - - Full - - BNPP Proprietario Fundo de Investimento Multimercado Brazil Full - - Full - - BNPP VPG Adonis LLC USA Full - - Full - - BNPP VPG Brookfi n LLC USA Full - - Full - - BNPP VPG Brookline Cre LLC USA Full - - Full - - BNPP VPG CT Holdings LLC USA Full - - Full - - BNPP VPG EDMC Holdings LLC USA Full - - Full - - BNPP VPG Express LLC USA Full - - Full - - BNPP VPG Freedom Communications LLC USA S1 Full - - BNPP VPG Legacy Cabinets LLC USA S1 Full - - BNPP VPG Mark IV LLC USA S1 Full - - BNPP VPG Master LLC USA Full - - Full - - BNPP VPG Medianews Group LLC USA S1 Full - - BNPP VPG Northstar LLC USA S1 Full - - BNPP VPG Pacex LLC USA S1 Full - - BNPP VPG PCMC LLC USA S1 Full - - BNPP VPG SBX Holdings LLC USA S1 Full - - BNPP VPG SDI Media Holdings LLC USA S1 Decart Re Ltd Bermuda Full (2) - - E1 Ozcar Multi Strategies LLC USA S3
31 December 2018 31 December 2017
Name Country Method Voting
(%) Interest
(%) Ref. Method Voting
(%) Interest
(%) Ref. Starbird Funding Corp. USA Full - - Full - - VPG SDI Media LLC USA S1 CIB Pacifi c Asia Bank BNPP Indonesia PT Indonesia Full 100% 100% Full 100% 100% BNP Pacifi c Australia Ltd Australia S3 Full 100% 100% BNPP Amber Holdings Pty Ltd Australia Full 100% 100% Full 100% 100% E1 BNPP Arbitrage Hong Kong Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP China Ltd China Full 100% 100% Full 100% 100% BNPP Commodities Trading Shanghai Co Ltd China Full 100% 100% Full 100% 100% BNPP Finance Hong Kong Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP India Holding Private Ltd India Full 100% 100% Full 100% 100% BNPP India Solutions Private Ltd India Full 100% 100% Full 100% 100% BNPP Malaysia Berhad Malaysia Full 100% 100% Full 100% 100% BNPP Securities Asia Ltd Hong Kong Full 100% 100% Full 100% 100% BNPP Securities India Private Ltd India Full 100% 100% Full 100% 100% BNPP Securities Japan Ltd Japan Full 100% 100% Full 100% 100% BNPP Securities Korea Co Ltd Rep. of Korea Full 100% 100% Full 100% 100% BNPP Securities Singapore Pte Ltd Singapore Full 100% 100% Full 100% 100% BNPP Securities Taiwan Co Ltd Taiwan Full 100% 100% Full 100% 100% BNPP Sekuritas Indonesia PT Indonesia Full 99% 99% Full 99% 99% BNPP SJ Ltd Hong Kong S3 BNPP SJ Ltd (Japan branch) Japan S3 BPP Holdings Pte Ltd Singapore Full 100% 100% Full 100% 100% Other Business Units BNPP Suisse SA Switzerland Full 100% 100% Full 100% 100% BNPP Suisse SA (Guernsey branch) Guernsey Full 100% 100% Full 100% 100% Property companies (property used in operations) and others Antin Participation 5 France Full 100% 100% Full 100% 100% BNPP Home Loan SFH France Full (1) 100% 100% Full (1) 100% 100% BNPP Partners for Innovation France Equity 50% 50% Equity 50% 50% BNPP Procurement Tech France Full 100% 100% E1 BNPP Public Sector SCF France Full (1) 100% 100% Full (1) 100% 100% BNPP SB Re Luxembourg Full (2) 100% 100% Full (2) 100% 100% Cobema Belgium S4 Full 100% 100% Compagnie Financière Ottomane SA Luxembourg Full 97.3% 97.2% Full 97.3% 97.2% V1 Ejesur SA Spain Full 100% 100% E1 GIE Groupement Auxiliaire de Moyens France Full 100% 100% Full 100% 100% GIE Groupement d Etudes et de Prestations France Full 100% 100% E1 Le Sphinx Assurances Luxembourg SA Luxembourg Full (2) 100% 100% Full (2) 100% 100% Lion International Investments SA Luxembourg Full 100% 100% Full 100% 100% Plagefi n SA Luxembourg Full 100% 65.9% Full 100% 65.9% Sagip Belgium Full 100% 100% Full 100% 100% Société Immobilière du Marché Saint-Honoré France S2 Full 100% 100% V1 Société Orbaisienne de Participations France Full 100% 100% Full 100% 100% Structured Entities BNPP B Institutional II Belgium Full - - Full - - Euro Secured Notes Issuer (Ex- BNPP SME-1) France Full - - Full - - FCT Laffi tte 2016 France Full - - Full - - FCT Opéra 2014 France Full - - Full - -
As requested by the ANC 2016 regulation, the list of entities that are controlled by the Group, jointly controlled or under signifi cant infl uence, but excluded from the scope of consolidation since their contribution to the consolidated fi nancial statements would be immaterial to the Group, and the list of equity investments, are available on the Regulated Information page of the https://invest.bnpparibas.com website.
Changes in the scope of consolidation New entries (E) in the scope of consolidation E1 Passing qualifying thresholds E2 Incorporation E3 Purchase, gain of control or signifi cant infl uence Removals (S) from the scope of consolidation S1 Cessation of activity (dissolution, liquidation...) S2 Disposal, loss of control or loss of signifi cant infl uence S3 Passing qualifying thresholds S4 Merger, Universal transfer of assets and liabilities Variance (V) in voting or ownership interest V1 Additional purchase V2 Partial disposal V3 Dilution
V4 Increase in % Equity* Controlled but non material entities consolidated under the equity method as associates FV Joint control or investment in associates measured at Fair Value through P&L Miscellaneous D1 Consolidation method change not related to fl uctuation in voting or ownership interest
Prudential scope of consolidation (1) French subsidiaries whose supervision of prudential requirements is complied with through the supervision on
a consolidated basis of BNP Paribas SA, in accordance with article 7.1 of Regulation n°575/2013 of the European Parliament and of the Council.
(2) Insurance entities consolidated under the equity method in the prudential scope. (3) Jointly controlled entities under proportional consolidation in the prudential scope. (4) Collective investment undertaking excluded from the prudential scope.
(a) At 31 December 2018, the securitisation fund Ecarat UK includes 4 funds (Ecarat PLC 6 to 9), versus 5 funds (Ecarat PLC 4 to 8) at 31 December 2017. (b) At 31 December 2018, the securitisation funds UCI and RMBS Prado include 14 funds (FCC UCI 9 to 12, 14 to 17 and RMBS Prado I to VI), versus 14 fonds at 31 December 2017 (FCC UCI 9 to 12, 14 to 18 and RMBS Prado I to V). (c) At 31 December 2018 and at 31 December 2017, the securitisation fund Autonoria includes 1 silo (Autonoria 2014). (d) At 31 December 2018, the securitisation funds Domos comprise these funds : Domos 2011 (including 1 silo Domos 2011-B) and Domos 2017, versus Domos 2008, Domos 2011 (including 2 silos Domos 2011-A and B) and Domos 2017 at 31 December 2017. (e) At 31 December 2018, 95 sales construction companies (77 fully- consolidated and 18 equity accounted) versus 96 at 31 December 2017 (81 fully-consolidated and 15 equity accounted).
