2012 Registration document and annual financial report - BNP Paribas

CONSOLIDATED FINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER 2012Notes to the financial statements4The table below summarises the characteristics of these various issues➤ UNDATED SUPER SUBORDINATED NOTESDate of issueCurrencyAmount(in millions ofcurrency units )Couponpayment date Rate and term before 1st call date Rate after 1st call dateJune 2005 USD 1,070 semi-annual 5.186% 10 years USD 3-month Libor +1.680%October 2005 EUR 1,000 annual 4.875% 6 years 4.875%October 2005 USD 400 annual 6.25% 6 years 6.250%April 2006 EUR 549 annual 4.73% 10 years 3-month Euribor +1.690%April 2006 GBP 450 annual 5.945% 10 years GBP 3-month Libor +1.130%July 2006 EUR 150 annual 5.45% 20 years 3-month Euribor +1.920%July 2006 GBP 163 annual 5.945% 10 years GBP 3-month Libor +1.810%April 2007 EUR 638 annual 5.019% 10 years 3-month Euribor +1.720%June 2007 USD 600 quarterly 6.5% 5 years 6.50%June 2007 USD 1,100 semi-annual 7.195% 30 years USD 3-month Libor +1.290%October 2007 GBP 200 annual 7.436% 10 years GBP 3-month Libor +1.850%June 2008 EUR 500 annual 7.781% 10 years 3-month Euribor +3.750%September 2008 EUR 650 annual 8.667% 5 years 3-month Euribor +4.050%September 2008 EUR 100 annual 7.57% 10 years 3-month Euribor +3.925%December 2009 EUR 2 quarterly 3-month Euribor +3.750% 10 years 3-month Euribor +4.750%December 2009 EUR 17 annual 7.028% 10 years 3-month Euribor +4.750%December 2009 USD 70 quarterly USD 3-month Libor +3.750% 10 years USD 3-month Libor +4.750%December 2009 USD 0.5 annual 7.384% 10 years USD 3-month Libor +4.750%TOTAL EURO-EQUIVALENT VALUEAT 31 DECEMBER 2012 7, 241 (1)(1) Net of shares held in treasury by Group entities .4BNP Paribas has the option of not paying interest due on these UndatedSuper Subordinated Notes if no dividends were paid on BNP Paribas SAordinary shares or on Undated Super Subordinated Note equivalents inthe previous year. Unpaid interest is not carried forward.The contracts relating to these Undated Super Subordinated Notescontain a loss absorption clause. Under the terms of this clause, in theevent of insufficient regulatory capital – which is not fully offset by acapital increase or any other equivalent measure – the nominal valueof the notes may be reduced in order to serve as a new basis for thecalculation of the related coupons until the capital deficiency is made upand the nominal value of the notes is increased to its original amount.However, in the event of the liquidation of BNP Paribas SA, the amount dueto the holders of these notes will represent their original nominal valueirrespective of whether or not their nominal value has been reduced.2012 Registration document and annual financial report - BNP PARIBAS 185