2012 Registration document and annual financial report - BNP Paribas

RISKS AND CAPITAL ADEQUACYCapital management and capital adequacy5In millions of eurosAccountingscope Insurance OtherPrudentialscopeLIABILITIESDue to central banks 1,532 0 0 1,532Financial instruments at fair value through profit or lossTrading securities 52,432 10 0 52,442Borrowings and repurchase agreements 203,063 0 0 203,063Instruments designated at fair value through profit or loss 43,530 1,784 198 45,512of which liabilities eligible for Tier 1 capital 241 241of which liabilities eligible for Tier 2 capital 888 888Derivative financial instruments 404,598 135 0 404,733Derivatives used for hedging purposes 17,286 (27) 0 17,259Due to credit institutions 111,735 (3,692) 0 108,043Due to customers 539,513 (2,740) 24 536,797Debt securities 173,198 2,934 (196) 175,936Remeasurement adjustment on interest-rate risk hedgedportfolios 2,067 0 0 2,067Current and deferred tax liabilities 3,046 (127) 0 2,919Accrued expenses and other liabilities 86,691 (2,560) 0 84,131Technical reserves of insurance companies 147,992 (147,992) 0 0Provisions for contingencies and charges 10,962 (205) 0 10,757Subordinated debt 15,223 136 0 15,359of which liabilities eligible for Tier 1 capital 1,881 1,881of which liabilities eligible for Tier 2 capital 12,229 12,229TOTAL LIABILITIES 1,812,868 (152,344) 26 1,660,550TOTAL CONSOLIDATED EQUITY 94,422 (83) 0 94,339TOTAL LIABILITIES AND EQUITY 1,907,290 (152,427) 26 1,754,8895The Group holds a share greater than 10% in credit and financial institutions. The following list presents the main participations 31 December 2012.➤ TABLE 3: PARTICIPATIONS HIGHER THAN 10% IN CREDIT AND FINANCIAL INSTITUTIONSIn millions of euros 31 December 2012CREDIT LOGEMENT 227INSTITUTO PER IL CREDITO SPORTIVO 84SICOVAM HOLDING 49BNP PARIBAS FINANCE P.L.C. 40BNP PARIBAS UK TREASURY LIMITED 38Others participations higher than 10% in non consolidated credit and financial institutions 563Shares higher than 10% in non consolidated credit and financial institutions 1,001of which deduction from Tier 1 capital (50%) (1) 501(1) Table 4: Amount of regulatory capital.Due to the classification of these entities as credit and financial institutions, those shares were deducted from the prudential equity as of 31 December2012.2012 Registration document and annual financial report - BNP PARIBAS 229