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4CONSOLIDATED FINANCIAL STATEMENTS• NOTE 5: SEGMENTAL REPORTINGDefinition of businessThe naming of Crédit Agricole CIB’s business lines correspondsto the defi nitions applied within the Crédit Agricole S.A. Group.Presentation of business linesOperations are broken down into fi ve business lines.Financing activities includes French and international commercialbanking and structured fi nance: project fi nance, aircraft fi nance,ship fi nance, acquisition fi nance, property fi nance, and internationaltrade.Capital markets and investment banking encompasses capitalmarkets activities (treasury, foreign exchange, commodities,interest-rate derivatives, debt markets, and equity derivatives),investment banking activities (mergers and acquisitions and equitycapital markets), as well as equity brokerage activities carriedout by CA Cheuvreux and CLSA and futures brokerage activitiescarried out by Newedge.Since the refocusing plan was implemented in September 2008,discontinuing operations have been segregated into a separatebusiness line, which includes exotic equity derivatives, correlationactivities and the CDO, CLO and ABS portfolios.These three business lines make up nearly 100% of the Corporateand investment banking business line of Crédit Agricole S.A.Crédit Agricole CIB is also present in international private bankingthrough its establishments in Switzerland, Luxembourg, Monaco,Spain and Brazil.Proprietary asset management and other activities encompassthe non-operational activities of the above business lines..5.1 Analysis by business line31.12.2010€ millionFinancingCapital marketsand investmentbankingDiscontinuingoperationsTotalCorporateand investmentbankingInternationalprivatebankingProprietaryassetmanagementand otheractivitiesTotalNet banking income 2,657 2,880 (374) 5,163 541 (6) 5,698Operating expenses (832) (2,501) (108) (3,441) (385) (9) (3,835)Gross operating income 1,825 379 (482) 1,722 156 (15) 1,863Cost of risk (164) (118) (340) (622) (16) (638)Operating income 1,661 261 (822) 1,100 140 (15) 1,225Share of net income of affi liates 138 1 139 139Net (gains)/ losses on other assets (6) (6) (7) (13)Pre-tax income 1,793 262 (822) 1,233 133 (15) 1,351Income tax (456) (84) 265 (275) (25) (9) (309)Net income 1,337 178 (557) 958 108 (24) 1,042Minority interests (23) (6) (29) (8) (37)Net income, Group share 1,314 172 (557) 929 100 (24) 1,005Business line assets:- of which investments in affi liates 1,097 6 1,103- of which goodwill arising during theperiod(2) 39 37Total assets 703,355 12,837 716,192184SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010
CONSOLIDATED FINANCIAL STATEMENTS 431.12.2009€ millionFinancingCapitalmarkets andinvestmentbankingDiscontinuingoperationsTotalCorporateand investmentbankingInternationalprivatebankingProprietaryassetmanagementand otheractivitiesTotalNet banking income 1,928 3,219 (1,347) 3,800 487 141 4,428Operating expenses (775) (2,204) (124) (3,103) (356) (12) (3,471)Gross operating income 1,153 1,015 (1,471) 697 131 129 957Cost of risk (931) (96) (737) (1,764) (5) (1,769)Operating income 222 919 (2,208) (1,067) 126 129 (812)Share of net income of affi liates 117 117 117Net gains (losses) on other assets 5 7 12 10 22Pre-tax income 344 926 (2,208) (938) 126 139 (673)Income tax (61) (209) 719 449 (22) (46) 381Net income 283 717 (1,489) (489) 104 93 (292)Minority interests (26) (7) (33) (6) (39)Net income, Group share 257 710 (1,489) (522) 98 93 (331)Business line assets:- of which investments in affi liates 883 30 913- of which goodwill arising during theperiod(7) (4) (11)Total assets 704,964 7,468 712,4325.2 Analysis by geographical zoneThe geographical analysis of business-line assets and results is based on the countries where operations are booked for accountingpurposes.€ millionNet income,Group share31.12.2010 31.12.2009NetbankingincomeBusiness-lineassetsNet income,Group shareNet bankingincomeBusinesslineassetsFrance (including overseas departmentsand territories)129 2,233 532,342 (1,004) 1,375 540,971Other European Union countries 81 918 46,295 159 1,094 49,853Rest of Europe 127 508 14,472 167 540 15,607North America 242 735 62,885 (27) 305 53,313Central and South America 12 48 765 5 29 461Africa and Middle-East 121 126 4,575 142 137 4,451Asia and Pacifi c (excluding Japan) 288 987 34,553 254 893 28,535Japan 5 143 20,305 (27) 55 19,241Total 1,005 5,698 716,192 (331) 4,428 712,432SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010 185
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CONTENTSPRESENTATION OF CRÉDIT AGR
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PRESENTATION OF CRÉDIT AGRICOLE CI
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1PRESENTATION OF CRÉDIT AGRICOLE C
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CORPORATEGOVERNANCECHAIRMAN OF THE
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CORPORATE GOVERNANCE 2dance with ar
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CORPORATE GOVERNANCE 2- the acquisi
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CORPORATE GOVERNANCE 2This monitori
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CORPORATE GOVERNANCE 2Additional in
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CORPORATE GOVERNANCE 2Organisation
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CORPORATE GOVERNANCE 2Second-degree
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CORPORATE GOVERNANCE 2Outsourced Es
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CORPORATE GOVERNANCE 2The major ach
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2CORPORATE GOVERNANCEThe Crédit Ag
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CORPORATE GOVERNANCE 2 Summary of A
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CORPORATE GOVERNANCE 2Options to su
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CORPORATE GOVERNANCE 2Pierre CAMBEF
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CORPORATE GOVERNANCE 2Edmond ALPHAN
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CORPORATE GOVERNANCE 2Jean-Frédér
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CORPORATE GOVERNANCE 2Jean LE VOURC
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CORPORATE GOVERNANCE 2Jean PHILIPPE
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CORPORATE GOVERNANCE 2François VEV
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2010MANAGEMENT REPORTCRÉDIT AGRICO
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2010 MANAGEMENT REPORT 3• Corpora
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2010 MANAGEMENT REPORT 3• BUSINES
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2010 MANAGEMENT REPORT 3Discontinui
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2010 MANAGEMENT REPORT 3• CONSOLI
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2010 MANAGEMENT REPORT 3• RECENT
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2010 MANAGEMENT REPORT 3• Securit
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2010 MANAGEMENT REPORT 3• INFORMA
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2010 MANAGEMENT REPORT 3Operational
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2010 MANAGEMENT REPORT 3• Credit
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2010 MANAGEMENT REPORT 3repurchase
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2010 MANAGEMENT REPORT 3The sensiti
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32010 MANAGEMENT REPORTVaR fi gures
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6GENERAL INFORMATION INFORMATION AB
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6GENERAL INFORMATIONTERMS AND CONDI
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6GENERAL INFORMATIONRegulated infor
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