2018 Registration document and annual fi nancial report - BNP PARIBAS466
6 INFORMATION ON THE PARENT COMPANY FINANCIAL STATEMENTS 31 DECEMBER 2018
6
BNP Paribas SA fi nancial statements
6.1 BNP Paribas SA fi nancial statements
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2018
In millions of euros Notes Year to
31 Dec. 2018 Year to
31 Dec. 2017
Interest income 2.a 19,702 16,375
Interest expense 2.a (15,338) (11,468)
Income on equities and other variable instruments 2.b 4,520 1,751
Commission income 2.c 5,541 5,333
Commission expense 2.c (1,059) (991)
Net gains on trading account securities 2.d 3,282 3,438
Net gains on securities available for sale 2.e 169 717
Other banking income 152 94
Other banking expenses (159) (259)
REVENUES 16,810 14,990
Salaries and employee benefi t expenses 5.a (6,116) (6,341)
Other administrative expenses (4,872) (4,651)
Depreciation, amortisation and impairment on tangible, and intangible assets (608) (729)
GROSS OPERATING INCOME 5,214 3,269
Cost of risk 2.f (332) (325)
OPERATING INCOME 4,882 2,944
Net losses on disposals of long-term investments 2.g (408) (128)
Net additions to regulated provisions (4) (4)
INCOME BEFORE TAX 4,470 2,812
Income tax 2.h 557 345
NET INCOME 5,027 3,157