Investor Presentaiton
Corporate Centre - 4Q21
€m
Revenues
4Q21
4Q20
3Q21
2021
2020
24
-241
11
512
-358
Operating Expenses and Dep.
-271
-283
-183
-1,007
-890
Incl. Transformation, IT Reinforcement, Restructuring and Adaptation Costs
-82
-150
-62
-292
-389
Gross Operating Income
-247
-524
-172
-495
-1,249
Cost of Risk
Operating Income
7
-29
-40
-153
-72
-240
-554
-212
-647
-1,321
Share of Earnings of Equity-Method Entities
4
4
13
16
54
Other Non Operating Items
Pre-Tax Income
247
421
-61
775
939
11
-129
-260
144
-327
Revenues
.
•
Lower contribution from Principal Investments
Impact of a positive non-recurring item: +€91m
Reminder from 4Q20:
•
•
Accounting impact from a swap set up for the transfer of an activity: -€104m
Revaluation of proprietary credit risk included in derivatives (DVA): -€39m
Operating expenses
.
Restructuring and adaptation² costs: -€61m (-€91m in 4Q20)
IT reinforcement costs: -€21m (-€59m in 4Q20)
Reminder from 4Q20: donations and staff-safety measures relating to the public health crisis (-€24m)
Other non-operating items
Capital gain on the sale of buildings: +€184m (+€193m in 4Q20)
•
Net Write backs in impairments in 2021: +€75m (-€130m in 4Q20)
Reminder from 4Q20: Capital gain on the sale of Allfunds shares (+€371m)
BNP PARIBAS
1. Related in particular to the restructuring of certain activities (including at CIB); 2. Related in particular to Wealth Management, BancWest and CIB
The bank for a changing world
2021 Full Year Results | 90View entire presentation