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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