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

Consolidated FInancial statementsNOTE 9INVESTMENTS IN COMPANIES CARRIED UNDER THE EQUITY METHODIn millions of euros, at 31 December 2004Total investments in companies carriedunder the equity methodEquity Equity in 2004in net assets net income/loss Total(based on voting interest) (based on voting interest)Net book valueof the investmentsin the individual accountsof Group companiesFinancial institutions:Credit institutions 449 99 548 302Cofinoga 241 50 291 130Société de paiement Pass 85 19 104 35Cofidis International Group 39 17 56 13Servicios Financieros Carrefour EFC SA 52 9 61 87Other 32 4 36 37Other financial institutions 174 15 189 217Centro Leasing Spa 52 5 57 42CCAC Brazil 28 13 41 38Other 94 (3) 91 137Total financial institutions 623 114 737 519Other companies:Laser 32 6 38 53Finaxa 823 64 887 492Fischer Francis Trees and Watts (2) 5 3 71Cobepa 82 3 85 100Other 9 2 11 8Total other companies 944 80 1,024 724Total investments in companiescarried under the equity method 1,567 194 1,761 1,243231BNP PARIBAS - ANNUAL REPORT 2004