2009 registration document and annual financial report - AMF

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PRESENTATION OF THE BNP PARIBAS GROUP
BNP Paribas and its shareholders
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Investment of EUR 53.40 on 1 January 2005
in a “Livret A” passbook account
The interest rate on the investment date was 2.25%, reduced to 2% on
1 August 2005. The interest rate was increased twice in 2006, to 2.25%
on 1 February and to 2.75% on1 August , and to 3% on 1 August 2007.
The interest rate was increased twice more in 2008, to 3.50% on
1 February and to 4% on 1 August. In 2009, the interest rate was reduced
to 2.50% on 1 February 1.75% on 1 May and 1.25% on 1 August. At
31 December 2009, this investment was worth EUR 60.73, an increase
of EUR 7.33 (+13.7%), as opposed to an increase of EUR 15.71 per BNP
Paribas share over the same period (+29.4%).
Investment of EUR 53.40 on 1 January 2005
in five-year French government bonds:
The five-year BTAN interest rate on that date was 3.0825%. At the end
of each subsequent year, interest income is reinvested in a similar note
on the following terms:
2.99393% (BTAN) in January 2006 for 4 years;
3.89016% (BTAN) in January 2007 for 3 years;
4.07272% (BTAN) in January 2008 for 2 years;
3.049% in January 2009 for 1 year (Euribor).
At the end of five years, the accrued value of the investment is EUR 62.22,
an increase of EUR 8.82 (+16.5%), just over half of the increase of
EUR 15.71 per BNP Paribas share over the same period (+29.4%).
VALUE AT 31 /12 /2009 OF A EUR 53.40
INVESTMENT MADE ON 01/01/2005
(EUR)
60.73 62.22
Livret A
Government bonds
COMPARATIVE TOTAL 5-YEAR RETURN
FOR AN INVESTMENT OF EUR 53.80
(EUR)
7.33
Livret A
8.82
Government bonds
69.11
BNP Paribas shares
15.71
BNP Paribas shares
COMMUNICATION WITH SHAREHOLDERS
BNP Paribas endeavours to provide all shareholders with clear, consistent,
high-quality information at regular intervals, in accordance with best
market practice and the recommendations of stockmarket authorities.
The Investor Relations team informs institutional investors and financial
analysts of the Group’s strategies, major events concerning the Group’s
business and, of course, the Group’s quarterly results. In 2010, for
example, the following dates have been set (1) :
17 February 2010: publication of 2009 results;
6 May 2010: results for the first quarter of 2010;
2 August 2010: publication of 2010 half-year results;
4 November 2010: results for the third quarter and first nine months
of 2010.
Informative briefings are organised several times a year, when the annual
and half-year results are released, or on specific topics, providing senior
management with an opportunity to present the BNP Paribas Group and
its strategy. There is also a Relations Officer responsible for liaising with
managers of ethical and socially responsible funds.
The Individual Shareholder Relations Department provides information
and deals with queries from the Group’s 590,000 or so individual
shareholders (source: 31 December 2009 TPI Survey ). A half-yearly
financial newsletter informs both members of the “Cercle BNP Paribas”
and other shareholders of important events concerning the Group, and a
summary of the matters discussed during the Annual General Meeting
is sent out in early July. During the year, senior management presents
the Group’s strategy to individual shareholders at meetings organised
in various French cities and towns. For example, in 2009, meetings were
held in Nancy on 16 June, Lyon on 30 June, Bordeaux on 22 September
and Marseille on 20 October. BNP Paribas representatives also met and
spoke with over 1,000 people at the Actionaria shareholder fair held in
Paris on 20 and 21 November 2009.
(1)
Subject to alteration.
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2009 Registration document and financial report - BNP PARIBAS