2012 Registration document and annual financial report - BNP Paribas

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6INFORMATIONON THE PARENT COMPANY FINANCIAL STATEMENTSNotes to the parent company financial statements6.5 Details of equity interests acquired byBNP Paribas SA in 2012 whose value exceeds5% of the share capital of a French companyChange in interest to more than 5% of the capital6NilChange in interest to more than 10% of the capitalListed KLÉPIERRE SANot listed SAS GEXBAN SASChange in interest to more than 20% of the capitalNilChange in interest to more than 33.33% of the capitalNilChange in interest to more than 66.66% of the capitalNot listed LAFFITTE PARTICIPATION 28 SASNot listed LAFFITTE PARTICIPATION 29 SASNot listed LAFFITTE PARTICIPATION 30 SASNot listed LAFFITTE PARTICIPATION 31 SASNot listed LAFFITTE PARTICIPATION 32 SASNot listed LAIROISE DE PARTICIPATIONS SANot listed MARLOISE DE PARTICIPATIONS SASUNot listed NATIO ENERGIE SANot listed NATIOCREDIBAIL SANot listed PETALE PARTICIPATION 8 SAS3722012 Registration document and annual financial report - BNP PARIBAS
INFORMATION ON THE PARENT COMPANY FINANCIAL STATEMENTSNotes to the parent company financial statements66.6 Statutory A uditors’ report on the financialstatementsDeloitte & Associés185, avenue Charles de Gaulle92524 Neuilly-sur-Seine CedexFor the year ended 31 December 2012PricewaterhouseCoopers Audit63, rue de Villiers92208 Neuilly-sur-Seine CedexMazars61, rue Henri Regnault92400 CourbevoieThis is a free translation into English of the Statutory Auditors’ report issued in French and is provided solely for the convenience of English speakingreaders. The Statutory Auditors’ report includes information specifically required by French law in such reports, whether modified or not. This informationis presented below the opinion on the financial statements and includes an explanatory paragraph discussing the Auditors’ assessments of certainsignificant accounting and auditing matters. These assessments were considered for the purpose of issuing an audit opinion on the financial statementstaken as a whole and not to provide separate assurance on individual account captions or on information taken outside of the financial statements.This report should be read in conjunction with, and construed in accordance with, French law and professional auditing standards applicable in France.BNP Paribas16, boulevard des Italiens75009 ParisTo the Shareholders,In compliance with the assignment entrusted to us by your General Shareholders’ Meeting, we hereby report to you, for the year ended 31 December2012, on:■ the audit of the accompanying financial statements of BNP Paribas;■ the justification of our assessments;■ the specific verifications and information required by law.These financial statements have been approved by the Board of Directors. Our role is to express an opinion on these financial statements based onour audit.6I – Opinion on the financial statementsWe conducted our audit in accordance with professional standards applicable in France. Those standards require that we plan and perform the auditto obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit involves performing procedures,using sampling techniques or other methods of selection, to obtain audit evidence about the amounts and disclosures in the financial statements. Anaudit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made, as well as theoverall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basisfor our audit opinion.In our opinion, the financial statements give a true and fair view of the assets and liabilities and of the financial position of the Company at 31 December2012 and of the results of its operations for the year then ended in accordance with French accounting principles.II – Justification of our assessmentsIn accordance with the requirements of article L.823-9 of the French Commercial Code (Code de commerce) relating to the justification of our assessments,we bring to your attention the following matters:Impairment provisions for credit and counterparty riskBNP Paribas records impairment provisions to cover the credit and counterparty risk inherent to its business as described in notes 1, 3.d, 4.a, 4.b, 4.c,and 4.e to the financial statements. We examined the control procedures applicable to identifying risk exposure, monitoring credit and counterpartyrisk, defining impairment testing methods and determining individual and portfolio-based impairment losses.Measurement of financial instrumentsBNP Paribas uses internal models and methodologies to value its positions on financial instruments which are not traded on active markets, as well asto determine certain provisions and assess whether hedging designations are appropriate. We examined the control procedures applicable to identifyinginactive markets, verifying these models and determining the inputs used.2012 Registration document and annual financial report - BNP PARIBAS 373
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2012REGISTRATION DOCUMENTAND ANNUAL
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2012 Registration documentand annua
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1GROUP PRESENTATION1.1 Group presen
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GROUP PRESENTATIONPresentation of a
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1GROUPPRESENTATIONBNP Paribas and i
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1GROUPPRESENTATION1282012 Registrat
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2CORPORATEGOVERNANCEBoard of Direct
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2CORPORATEGOVERNANCEExecutive Commi
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32012REVIEW OF OPERATIONSBNP Pariba
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32012REVIEW OF OPERATIONSCore busin
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32012REVIEW OF OPERATIONSBalance sh
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32012REVIEW OF OPERATIONSProfit and
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32012REVIEW OF OPERATIONSProfit and
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32012REVIEW OF OPERATIONSOutlook3.6
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32012REVIEW OF OPERATIONSLiquidity
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4CONSOLIDATEDFINANCIAL STATEMENTS -
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5RISKSAND CAPITAL ADEQUACY5.6 Count
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5RISKSAND CAPITAL ADEQUACYAnnual ri
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5RISKSAND CAPITAL ADEQUACYCapital m
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5RISKSAND CAPITAL ADEQUACYRisk mana
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5RISKSAND CAPITAL ADEQUACYCredit ri
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5RISKSAND CAPITAL ADEQUACYSecuritis
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5RISKSAND CAPITAL ADEQUACYCounterpa
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5RISKSAND CAPITAL ADEQUACYSovereign
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5RISKSAND CAPITAL ADEQUACYSovereign
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5RISKSAND CAPITAL ADEQUACYLiquidity
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5RISKSAND CAPITAL ADEQUACYOperation
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5RISKSAND CAPITAL ADEQUACYComplianc
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5RISKSAND CAPITAL ADEQUACYInsurance
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5RISKSAND CAPITAL ADEQUACYInsurance
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Page 336 and 337: 6INFORMATIONON THE PARENT COMPANY F
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7ARESPONSIBLE BANK: INFORMATION ON
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7ARESPONSIBLE BANK: INFORMATION ON
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8GENERALINFORMATIONDocuments on dis
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8GENERALINFORMATIONFounding documen
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8GENERALINFORMATIONStatutory Audito
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8GENERALINFORMATIONStatutory Audito
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9STATUTORYAUDITORSStatutory Auditor
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10PERSON RESPONSIBLE FOR THE REGIST
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11TABLE OF CONCORDANCEHeadings as l
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HEAD OFFICE16, boulevard des Italie
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2012 Registration document and annual financial report - BNP Paribas

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