2012 Registration document and annual financial report - BNP Paribas

6INFORMATIONON THE PARENT COMPANY FINANCIAL STATEMENTSNotes to the parent company financial statements3.b INCOME ON EQUITIES AND OTHER VARIABLE INSTRUMENTSIn millions of euros 2012 2011Securities available for sale 36 41Investments in subsidiaries and equity securities held for long-term investment 299 248Affiliates 2, 444 2, 337TOTAL INCOME ON EQUITIES AND OTHER VARIABLE INSTRUMENTS 2, 779 2, 6263.c COMMISSIONS2012 2011In millions of eurosIncome Expenses Income ExpensesCommissions on banking and financing transactions 2, 176 (606) 2, 905 (613)Customer items 1, 531 (100) 1, 929 (121)Other 645 (506) 976 (492)Commissions on financial services 2, 544 (258) 2, 629 (192)TOTAL COMMISSION INCOME AND EXPENSES 4, 720 (864) 5, 534 (805)3.d COST OF RISK AND PROVISION FOR CREDIT RISKSCost of risk represents the net amount of impairment losses recognised with respect to credit risks inherent to BNP Paribas SA’s banking intermediationactivities, plus any impairment losses in the case of known counterparty risk on over-the-counter instruments.In millions of euros 2012 2011Net additions to or write-backs from provisions (414) (1, 864)6Customer items and credit institutions (459) (391)Off-balance sheet commitments 139 (95)Securities (4) (1, 347)of which Greek sovereign debt (1) (25) (1, 281)Doubtful loans (2) 25Financial instruments for market activities (88) (56)Irrecoverable loans not covered by provisions (156) (107)Recoveries of loans written-off 70 48TOTAL COST OF RISK (500) (1, 923)(1) The charge relating to Greek sovereign debt recorded in 2011 is the result of additional provisions, taking the total to 75% of the nominal value of thesebonds, recorded on the date these securities were reclassified as debt securities held to maturity.In millions of euros 2012 2011Balance at 1 January 10, 877 9, 217Net additions to or write-backs from provisions 414 1, 864Write-offs during the period covered by provisions (2, 962) (1, 324)Effect of movements in exchange rates and other (65) 1, 120TOTAL PROVISION FOR CREDIT RISKS 8, 264 10, 8773442012 Registration document and annual financial report - BNP PARIBAS