2012 Registration document and annual financial report - BNP Paribas

CONSOLIDATED FINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER 2012Notes to the financial statements4So as to be comparable with 2012, the segment information for 2011 hasbeen restated of the following three main effects as if these had occurredfrom 1 January 2011:■ in the context of the change in the organisational structure of theGroup, a set of Domestic Markets was created. It includes PersonalInvestors, which is thus no longer included in the Investment Solutionscore business;■ the capital allocated to each business is now based on 9% of riskweightedassets, compared to 7% previously;■ the contribution to the deposits guarantee fund in Belgium had initiallybeen booked in “Other Activities ”, while waiting for a definition ofthe Belgian bank levy which was still pending. This new definitionis applicable in 2012 and replaces the contribution to the depositsguarantee fund. So as to be comparable, this tax is re-attributed toBRB (EUR -107 million in 2011).The corresponding differences were accounted for under “Other Activities”so as not to affect the Group’s pre-tax income.Information by business segment➤ INCOME BY BUSINESS SEGMENTIn millions of eurosRetail BankingDomestic MarketsRevenuesOperatingexpenseCost ofriskOperatingincomeYear to 31 Dec. 2012 Year to 31 Dec. 2011NonoperatingitemsPre-taxincomeRevenuesOperatingexpenseCost ofriskOperatingincomeNonoperatingitemsPre-taxincomeFrench Retail Banking (1) 6,797 (4,384) (315) 2,098 3 2,101 6,786 (4,462) (315) 2,009 2 2,011BNL banca commerciale (1) 3,230 (1,779) (961) 490 1 491 3,163 (1,806) (793) 564 - 564Belgian Retail Banking (1) 3,183 (2,333) (157) 693 18 711 3,092 (2,321) (136) 635 12 647Other Domestic Marketsactivities 2,181 (1,263) (140) 778 16 794 2,309 (1,351) (158) 800 17 817Personal Finance 4,982 (2,387) (1,497) 1,098 182 1,280 5,142 (2,420) (1,639) 1,083 160 1,243International Retail BankingEurope-Mediterranean 1,796 (1,319) (290) 187 67 254 1,639 (1,277) (268) 94 70 164BancWest 2,403 (1,401) (145) 857 2 859 2,230 (1,241) (256) 733 1 734Investment Solutions 6,204 (4,319) 54 1,939 159 2,098 5,922 (4,258) (64) 1,600 (76) 1,524Corporate and InvestmentBankingAdvisory & Capital Markets 6,182 (4,574) (61) 1,547 6 1,553 5,665 (4,377) 21 1,309 30 1,339Corporate Banking 3,533 (1,698) (432) 1,403 30 1,433 4,232 (1,749) (96) 2,387 50 2,437Other Activities (1,419) (1,093) 3 (2,509) 1,307 (1,202) 2,204 (854) (3,093) (1,743) (86) (1,829)TOTAL GROUP 39,072 (26,550) (3,941) 8,581 1,791 10,372 42,384 (26,116) (6,797) 9,471 180 9,651(1) French Retail Banking, BNL banca commerciale, Belgian and Luxembourg Retail Banking after the reallocation within Investment Solutions of one-third ofthe Wealth Management activities in France, Italy, Belgium and Luxembourg .42012 Registration document and annual financial report - BNP PARIBAS 131