2018 REGISTRATION DOCUMENT AND ANNUAL FINANCIAL REPORT

2018 Registration document and annual fi nancial report - BNP PARIBAS 309

5RISKS AND CAPITAL ADEQUACY PILLAR 3

Capital management and capital adequacy

➤ TABLE 13: REGULATORY CAPITAL [Audited]

In millions of euros

31 December 2018 1 January 2018

Phased- in Transitional

arrangements(*) Phased- in Transitional

arrangements(*)

Common Equity Tier 1 (CET1) capital: instruments and reserves

Capital instruments and the related share premium accounts 27,133 - 27,084

of which ordinary shares 27,133 - 27,084

Retained earnings 58,968 - 55,271 -

Accumulated other comprehensive income (and other reserves, to include unrealised gains and losses under the applicable accounting standards) 503 - 1,842

Minority interests (amount allowed in consolidated CET1) 1,781 - 2,782 482

Independently reviewed interim profi ts net of any foreseeable charge or dividend 3,387 - 3,705 -

COMMON EQUITY TIER 1 (CET1) CAPITAL BEFORE REGULATORY ADJUSTMENTS 91,772 - 90,684 482

Common Equity Tier 1 (CET1) capital: regulatory adjustments(**) (15,542) 98 (16,217) 128

COMMON EQUITY TIER 1 (CET1) CAPITAL 76,230 98 74,467 610

Additional Tier 1 (AT1) capital: instruments(**) 8,731 45 8,666 596

Additional Tier 1 (AT1) capital: regulatory adjustments(**) (44) - (385) (340)

ADDITIONAL TIER 1 (AT1) CAPITAL 8,687 45 8,282 256

TIER 1 CAPITAL (T1 = CET1 + AT1) 84,916 143 82,748 866

Tier 2 (T2) capital: instruments and provisions(**) 15,511 (45) 13,420 (402)

Tier 2 (T2) capital: regulatory adjustments(**) (3,233) - (2,863) 370

TIER 2 (T2) CAPITAL 12,278 (45) 10,556 (31)

TOTAL CAPITAL (TC = T1 + T2) 97,194 98 93,305 835

(*) Amounts subject to pre-regulation treatment or prescribed residual amount of Regulation (EU) No. 575/2013, in accordance with grandfathered Additional Tier 1 and Tier 2 eligibility rules applicable as of 2019.

(**) See Appendix 2.

Total phased- in capital amounted to EUR 97.2 billion at 31 December 2018, a transitional adjustment of EUR 0.1 billion compared with the fully loaded Basel 3 amount. Details are given in Appendix 2.

The table presenting the details of the debt instruments recognised as capital, as well as their characteristics, as required by implementing Regulation No. 1423/2013, is available in the BNP Paribas Debt section of the Investor Relations website: www.invest.bnpparibas.com.