La banque d'un monde qui change 2004 - BNP Paribas

2004 Review of OperationsAPPENDICESRESULTS OF BNP PARIBAS SA3-year Profit and Loss Account DataIn millions of euros 2004 2003 2002 Change Change2004/2003 2003/2002Net banking income 9,517 9,222 9,012 +3.2% +2.3%Operating expenses and depreciation (5,894) (5,824) (5,712) +1.2% +2.0%Gross operating income 3,623 3,398 3,300 +6.6% +3.0%Provisions (166) (715) (820) -76.8% -12.8%Operating income 3,457 2,683 2,480 +28.8% +8.2%Gains or losses on disposals of fixed assets 783 (70) 364 n.m. n.m.Net non-recurring expense (321) (416) (67) -22.8% n.m.Corporate income tax (715) (12) 66 n.m. n.m.Movements in the reserve for generalbanking risks and regulated 78 174 (13) -55.2% n.m.Net income 3,282 2,359 2,830 +39.1% -16.6%APPROPRIATION OF 2004 INCOMETotal income to be appropriated at the Annual GeneralMeeting of 18 May 2005 amounts to EUR 10,396,033,809.17,including net income for the year of EUR 3,281,771,448.69 andunappropriated retained earnings of EUR 7,114,262,360.48.The Board of Directors recommends that this amount shouldbe appropriated as follows:• EUR 46,102,393.00 to the special investment reserve;• EUR 1,770,438,404.00 to dividends;• EUR 8,579,493,012.17 to unappropriated retained earnings.DebitCreditAppropriations: Unappropriated retained earnings 7,114,262,360.48Other reserves 46,102,393.00Net revenues for the year less general operatingDividends 1,770,438,404.00expenses, depreciation and amortisation,Unappropriated retained earnings 8,579,493,012.17 provisions and other charges3,281,771,448.69Total 10,396,033,809.17 Total 10,396,033,809.17171BNP PARIBAS - ANNUAL REPORT 2004