2007 REGISTRATION DOCUMENT

5 NotesCONSOLIDATED FINANCIAL STATEMENTSto the financial s tatements p repared in accordance with I nternational Financial Reporting S tandards as adopted by the European Union< Contents >1 1233.a INFORMATION BY BUSINESS SEGMENT➤INCOME BY BUSINESS SEGMENT (1)In millions of eurosFrench Retail Banking BNL banca commerciale IR FSYear to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006Net banking income 5,743 5,633 2,609 1,861 7,955 7,374Operating expense (3,834) (3,711) (1,725) (1,322) (4,625) (4,205)Cost of risk (158) (153) (318) (234) (1,228) (722)Operating income 1,751 1,769 566 305 2,102 2,447Share of earnings of associates 1 1 1 - 79 55Other non-operating items - - (1) (10) 94 45Pre-tax net income 1,752 1,770 566 295 2,275 2,54745678910➤ASSETS AND LIABILITIES BY BUSINESS SEGMENT (1)In millions of eurosFrench Retail Banking BNL banca commerciale IR FSYear to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006TOTAL SEGMENT ASSETS 135,771 123,495 72,271 60,604 179,197 159,404of which goodwill on acquisitionsduring the period 46 - 96 1,601 25 432of which investments in associates 6 5 13 8 1,123 756TOTAL SEGMENT LIABILITIES 129,645 117,908 67,493 56,090 164,305 145,2533.b INFORMATION BY GEOGRAPHIC AREAThe geographic split of segment results, assets and liabilities is based on the region in which they are recognised for accounting purposes and doesnot necessarily reflect the counterparty’s nationality or the location of operations.➤NET BANKING INCOME BY GEOGRAPHIC AREAFranceOther European countriesIn millions of eurosYear to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006NET BANKING INCOME 14,446 13,658 9,737 8,281➤ASSETS AND LIABILITIES BY GEOGRAPHIC AREAFranceOther European countriesIn millions of eurosYear to31 Dec. 2007Year to31 Dec. 2006Year to31 Dec. 2007Year to31 Dec. 2006TOTAL SEGMENT ASSETS 969,771 834,373 370,598 291,870Goodwill on acquisitions during the period 75 69 381 2,508(1)The creation of a new retail banking unit in Italy in the first half of 2007 led to certain transfers between business segments. In order to facilitate period-on-periodcomparisons of segment results, assets and liabilities, the data for 2006 have been restated to reflect the new organisational structure.(2)Including Klépierre and the entities ordinarily known as BNP Paribas Capital.(3)In 2006, restructuring costs incurred in connection with the acquisition of BNL were included in operating expense of «Other Activities» in an amount ofEUR 151 million.111342007 Registration document - BNP PARIBAS