2012 Registration document and annual financial report - BNP Paribas

CONSOLIDATED FINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER 2012Notes to the financial statements4➤ COST OF RISK FOR THE PERIOD BY ASSET TYPEIn millions of eurosYear to31 Dec. 2012Year to31 Dec. 2011Loans and receivables due from credit institutions 6 47Loans and receivables due from customers (3,769) (6,085)Available-for-sale financial assets (13) (569)Held-to-maturity financial assets - (22)Financial instruments on trading activities (118) (132)Other assets (8) 4Off-balance sheet commitments and other items (39) (40)TOTAL COST OF RISK FOR THE PERIOD (3,941) (6,797)Provisions for impairment: credit risks➤ MOVEMENT IN IMPAIRMENT PROVISIONS DURING THE PERIODIn millions of eurosYear to31 Dec. 2012Year to31 Dec. 2011TOTAL IMPAIRMENT PROVISIONS AT START OF PERIOD 30,675 29,783Net allowance to impairment 4,173 6,005of which Greek sovereign debt 62 2,395Utilisation of impairment provisions (6,007) (3,935)Effect of exchange rate movements and other items (424) (1,178)TOTAL IMPAIRMENT PROVISIONS AT END OF PERIOD 28,417 30,6754➤ IMPAIRMENT PROVISION BY ASSET TYPEIn millions of euros 31 December 2012 31 December 2011Impairment of assetsLoans and receivables due from credit institutions (note 5.f) 537 707Loans and receivables due from customers (note 5.g) 26,525 27,958Financial instruments on trading activities 276 598Available-for-sale financial assets (note 5.c) 69 162Held-to-maturity financial assets - 223Other assets 34 36TOTAL IMPAIRMENT PROVISIONS AGAINST FINANCIAL ASSETS 27,441 29,684of which specific provisions 23,100 24,818of which collective provisions 4,341 4,866Provisions recognised as liabilitiesProvisions for off-balance sheet commitmentsto credit institutions 45 23to customers 451 478Other items subject to provisions 480 490TOTAL PROVISIONS RECOGNISED AS LIABILITIES (note 5.q ) 976 991of which specific provisions 807 858of which collective provisions 169 133TOTAL IMPAIRMENT PROVISIONS 28,417 30,6752012 Registration document and annual financial report - BNP PARIBAS 129