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

Consolidated FInancial statementsCONSOLIDATED STATEMENT OF CASH FLOWSIn millions of euros 2004 2003 2002Long-term sources of fundsFunds provided from shareholders’ equityFrom operations:Consolidated net income (Group share and minority interest) 5,075 4,105 3,638Depreciation and amortisation 755 758 618Net additions to provisions 310 1,200 1,764Share of earnings of companies carried under the equity method (194) (131) (80)Total funds provided from operations 5,946 5,932 5,940Dividends paid (1,842) (1,541) (1,322)Other changes in shareholders’ equity:Group share (2,252) 120 (2,482)Minority interests (273) 424 1,253Decrease in reserve for general banking risks (91) (154) (10)(Decrease) increase in subordinated debt (984) (1,057) 1,245Increase in shareholders’ equity and other long-term capital 504 3,724 4,624Funds provided from other sources:Increase (decrease) in interbank items (liabilities) 53,709 13,349 (42,391)Increase (decrease) in customer deposits 27,091 15,052 (20,527)Increase (decrease) in debt securities 20,865 (956) (3,806)Increase in technical reserves of insurance companies 7,570 5,282 1,321Increase (decrease) in other financial items 6,977 40,030 (7,243)Increase (decrease) in other sources of funds 116,212 72,757 (72,646)Total increase (decrease) in sources of funds 116,716 76,481 (68,022)Uses:Increase (decrease) in interbank items (assets) 19,043 11,790 (33,706)Increase (decrease) in customer loans 36,829 (2,182) (8,129)Increase (decrease) in securities 45,543 63,104 (34,439)Increase in insurance company investments 7,226 5,121 944Increase (decrease) in long-term investments 6,746 (2,478) 5,564Increase in tangible and intangible assets 1,329 1,126 1,744Total increase (decrease) in uses of funds 116,716 76,481 (68,022)197BNP PARIBAS - ANNUAL REPORT 2004