2012 Registration document and annual financial report - BNP Paribas

CONSOLIDATED FINANCIAL STATEMENTS - YEAR ENDED 31 DECEMBER 2012Notes to the financial statements4Voting(%)31/12/2012 31/12/2011InterestVoting Interest(%) Ref Method (%) (%) RefName Country MethodWealth ManagementBank Insinger de Beaufort NV Netherlands Full 63.0% 63.0% Full 63.0% 63.0%Bank Insinger de Beaufort SafeNetherlands S3 Full 100% 63.0%Custody NVBNP Paribas Espana SA Spain Full 99.6 % 99.6 % Full 99.6 % 99.6 %BNP Paribas Wealth Management France Full (1) 100% 100% Full (1) 100% 100%BNP Paribas Wealth ManagementMonacoMonaco Full (1) 100% 100% Full (1) 100% 100%Conseil Investissement France Equity* 100% 100% Equity* 100% 100% D1Fortis Wealth Management HongKong Ltd.Hong-KongS2Fundamentum Asset Management(FAM)Luxembourg S3 Full 100% 53.4%Insinger de Beaufort AssetManagement AGSwitzerland S3 Full 100% 31.5%Insinger de Beaufort AssetManagement NVNetherlands S3 Full 100% 63.0%Insinger de Beaufort Associates BV Netherlands S3 Full 100% 63.0%Insinger de Beaufort Consulting BV Netherlands S3 Full 100% 63.0%Klein Haneveld Consulting BV Netherlands S3 Full 100% 63.0%Sodefi Holding AG Switzerland S3 Full 50.0% 31.5%Williams De Bröe Private InvestmentManagement Ltd. (ex-BNP ParibasPrivate Investment Management Ltd.)UKInvestment PartnersAlfred Berg Administration A/S Denmark Full 100% 90.5% Full 100% 90.5%Alfred Berg Asset Management AB Sweden Full 100% 90.5% Full 100% 90.5%Alfred Berg Asset ManagementSweden S4 Full 100% 90.5%Services ABAlfred Berg Fonder AB Sweden Full 100% 90.5% Full 100% 90.5%Alfred Berg Fondsmaeglerselskab A/S Denmark Full 100% 90.5% Full 100% 90.5%Alfred Berg Forvaltning AS Norway Full 100% 90.5% Full 100% 90.5%Alfred Berg Funds Finland Full 100% 90.5% Full 100% 90.5%Alfred Berg Kapitalförvaltning AB Sweden Full 100% 90.5% Full 100% 90.5%Alfred Berg Kapitalforvaltning AS Norway Full 100% 90.5% Full 100% 90.5%Alfred Berg KapitalforvaltningFinland ABFinland Full 100% 90.5% Full 100% 90.5%Antin Infrastructure Partners France S2 Equity 40.0% 36.2%Arnhem Investment ManagementPty Ltd.Australia Equity 40.0% 36.2% Equity 40.0% 36.2%Banco Estado Administradora GeneralChilede FondosEquity* 50.0% 45.3% Equity* 50.0% 45.3%BNP Paribas Asset Management SAS France Full 100% 90.5% Full 100% 90.5%BNP Paribas Asset ManagementBrasil LtdaBrazil Full 100% 97.6% Full 100% 97.6%BNP Paribas Asset Management Inc. USA S4BNP Paribas Asset Management Inc.(ex-Fortis Investment ManagementUSA Inc.)USA Full 100% 100% Full 100% 100% V1BNP Paribas Asset Management IndiaIndiaPrivate LtdEquity* 100% 90.5% Equity* 100% 90.5%BNP Paribas Asset ManagementUruguay SAUruguay S3 Equity* 100% 90.5%BNP Paribas Bergère (ex-FortisInvestment Finance)FranceS3BNP Paribas Clean Energy PartnersGP LtdUK Equity* 100% 90.5% Equity* 100% 90.5% D1BNP Paribas Investment Partners France Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersAsia LtdHong-Kong Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment Partners(Australia) LtdAustralia Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment Partners(Australia) Holdings Pty LtdAustralia Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersBE HoldingBelgium Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersBelgiumBelgium Full 100% 90.5% Full 100% 90.5%S231/12/2012 31/12/2011Interest(%) RefName Country MethodVoting(%)Interest(%) Ref MethodVoting(%)BNP Paribas Investment PartnersFunds (Nederland) NVNetherlands Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersJapan LtdJapan Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersLatam SAMexico Equity* 99.0% 89.6% E1BNP Paribas Investment PartnersLuxembourgLuxembourg Full 99.7 % 90.2% Full 99.7 % 90.2%BNP Paribas Investment PartnersNetherlands NVNetherlands Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment Partners NLHolding NVNetherlands Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment PartnersSingapore LtdSingapore Equity* 100% 90.5% Equity* 100% 90.5%BNP Paribas Investment PartnersItalySocieta di Gestione del Risparmio SPAFull 100% 98.4% Full 100% 98.4%BNP Paribas Investment Partners UKHoldings LtdUK S3 Full 100% 90.5%BNP Paribas Investment PartnersUK LtdUK Full 100% 90.5% Full 100% 90.5%BNP Paribas Investment Partners USAUSAHoldings Inc.Full 100% 100% Full 100% 100%BNP Paribas Private Equity France Equity* 100% 100% Equity* 100% 100% D1CamGestion France Full 100% 90.5% Full 100% 90.5%Fauchier General Partner Ltd Guernsey Full 100% 90.5% Full 100% 90.5% V1Fauchier Partners Asset ManagementGuernsey Full 100% 90.5% Full 100% 90.5% V1LtdFauchier Partners Corporation USA Full 100% 90.5% Full 100% 90.5% V1Fauchier Partners International Ltd Bermuda Full 100% 90.5% Full 100% 90.5% V1Fauchier Partners Ltd UK Full 100% 90.5% Full 100% 90.5% V1Fauchier Partners LLP UK Full 87.2% 79.0% V4 Full 83.4% 75.2% V1Fauchier Partners ManagementUK Full 100% 90.5% Full 100% 90.5% V1Company LtdFauchier Partners Management Ltd Guernsey Full 100% 90.5% Full 100% 90.5% V1Fauchier Partners SAS France Full 100% 90.5% Full 100% 90.5% E2Fimapierre France S3Fischer Francis Trees & Watts Inc. USA Full 100% 100% Full 100% 100%Fischer Francis Trees & Watts Ltd. UK S1Fischer Francis Trees & WattsSingapore S4 Equity* 100% 90.5%Singapore LtdFischer Francis Trees & Watts UK UK S1Fischer Francis Trees & Watts UK Ltd UK Equity* 100% 90.5% D1 Full 100% 90.5%Fund Channel Luxembourg Equity* 50.0% 45.2% Equity* 50.0% 45.2%FundQuest France Full 100% 90.5% Full 100% 90.5%FundQuest Inc. USA S2FundQuest UK Ltd. UK Full 100% 90.5% Full 100% 90.5% E1Haitong - Fortis Private Equity FundManagement Co. Ltd.China Equity 33.0% 29.9% Equity 33.0% 29.9%HFT Investment Management CoLtd - GroupeChina Equity 49.0% 44.4% Equity 49.0% 44.4%Impax Asset Management Group PLC UK S3 Equity 27.9% 25.2%Industrifi nans ForskningsparkenEiendom ASNorwayS1KIT Fortis Investment Management Kazakhstan S1Overlay Asset Management France S3PT. BNP Paribas Investment Partners Indonesia Full 99.0% 89.6% Full 99.0% 89.6%Shinan BNP Paribas Asset ManagementCo LtdSouth Korea Prop. 35.0% 31.7% Prop. 35.0% 31.7%THEAM France Full 100% 90.6% Full 100% 90.6% V2TKB BNP Paribas Investment PartnersNetherlandsHolding BVEquity 50.0% 45.3% Equity 50.0% 45.3%Securities servicesBNP Paribas Fin' AMS France Full (1) 100% 100% Full (1) 100% 100%BNP Paribas Dealing Services Asia Ltd.(ex-BNP Paribas Fin' AMS Asia Ltd)Hong-Kong Full 100% 100% E1 S3BNP Paribas Financial Services LLC USA Equity* 100% 100% Equity* 100% 100% E1BNP Paribas Fund Services AustralasiaAustraliaPty Ltd.Full 100% 100% Full 100% 100%BNP Paribas Fund Services Dublin Ltd. Ireland Equity* 100% 100% Equity* 100% 100% D14Changes in the scope of consolidationNew entries (E) in the scope of consolidationE1 Passing qualifying thresholds as defi ned by the Group (cf. note 1.b)E2 IncorporationE3 Purchase or change of controlRemovals (S) from the scope of consolidationS1 Cessation of activity (including dissolution, liquidation)S2 Disposal, loss of control or loss of signifi cant infl uenceS3 Entities removed from the scope because < qualifying thresholds (cf. note 1.b)S4 Merger, Universal transfer of assets and liabilitiesVariance(V) in voting or ownership interestV1 Additional purchaseV2 Partial disposalV3 DilutionV4 Increase in %Equity * Simplifi ed consolidation by the equity method (non-material entities) (cf. note 1.b)MiscellaneousD1 Consolidation method change not related to fl uctuation in voting or ownership interestD2 111 Construction-Sale Companies (Real Estate programs) of which 103 fully and 8 proportionally consolidatedD3 The Klé pierre g roup was fully consolidated until 14 March 2012, then, following the partial disposal of the interest of BNPParibas Group, the Klé pierre g roup has been consolidated under the equity method (cf. note 8.d.)Prudential scope of consolidation(1) French subsidiaries whose regulatory supervision falls within the scope of the consolidated Group, in accordance witharticle 4.1 of CRBF regulation 2000.03.(2) Entities excluded from prudential scope of consolidation(3) Entities consolidated under the equity method for prudential purposes .2012 Registration document and annual financial report - BNP PARIBAS 191