2007 REGISTRATION DOCUMENT

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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 >8.e BALANCE SHEET BY MATURITYThe table below gives a breakdown of the balance sheet by contractual maturity. The maturities of financial assets and liabilities measured at fair valuethrough profit or loss within the trading portfolio are regarded as undetermined insofar as these instruments are intended to be sold or redeemed beforetheir contractual maturity dates. The maturities of variable-income financial assets classified as available for sale, derivative hedging instruments,remeasurement adjustments on interest-rate risk hedged portfolios and undated subordinated debt are also deemed to be undetermined. Since themajority of technical reserves of insurance companies are considered as demand deposits, they are not presented in this table.In millions of euros, at 31 December 2007NotdeterminedOvernightor demandUp to1 month(excl.overnight)1 to3 months3 monthsto 1 year1 to5 yearsMore than5 years TOTALCash and amounts due from centralbanks and post offi ce banks 18,542 18,542Financial assets at fair value throughprofi t or loss 931,706 931,706123Derivatives used for hedging purposes 2,154 2,154Available-for-sale fi nancial assets 21,869 2,971 5,034 9,611 21,558 51,551 112,594Loans and receivables due from creditinstitutions 20,636 16,222 12,656 5,323 8,871 7,408 71,116Loans and receivables due fromcustomers 36,679 44,959 32,278 57,154 144,893 129,140 445,103Remeasurement adjustment oninterest-rate risk hedged portfolios (264) (264)Held-to-maturity fi nancial assets 4 513 625 1,450 12,216 14,808FINANCIAL ASSETS BYMATURITY 955,465 75,857 64,156 50,481 72,713 176,772 200,315 1,595,759Due to central banks and post offi cebanks 1,724 1,724Financial liabilities at fair value throughprofi t or loss 722,099 1,704 2,718 17,399 32,295 19,910 796,125Derivatives used for hedging purposes 1,261 1,261456Due to credit institutions 23,210 75,262 36,816 11,706 14,249 8,939 170,182Due to customers 199,009 96,352 36,984 9,858 2,484 2,017 346,704Debt securities 37,632 39,169 27,606 23,442 13,207 141,056Subordinated debt 1,226 15 534 862 3,416 12,588 18,641Remeasurement adjustment oninterest-rate risk hedged portfolios 20 20FINANCIAL LIABILITIESBY MATURITY 724,606 223,943 210,965 116,221 67,431 75,886 56,661 1,475,71378910112182007 Registration document - BNP PARIBAS
CONSOLIDATED FINANCIAL STATEMENTS5Notes to the financial s tatements p repared in accordance with I nternational Financial Reporting S tandards as adopted by the European Union< Contents >In millions of euros, at 31 December 2006NotdeterminedOvernightor demandUp to1 month(excl.overnight)1 to3 months3 monthsto 1 year1 to5 yearsMore than5 years TOTALCash and amounts due from centralbanks and post offi ce banks 9,642 9,642Financial assets at fair value throughprofi t or loss 744,858 744,858Derivatives used for hedging purposes 2,803 2,803Available-for-sale fi nancial assets 18,706 5,665 6,983 10,587 15,128 39,670 96,739Loans and receivables due from creditinstitutions 18,498 25,527 12,437 4,598 4,726 9,384 75,170Loans and receivables due fromcustomers 30,245 35,535 36,572 49,738 129,113 111,930 393,133Remeasurement adjustment oninterest-rate risk hedged portfolios (295) (295)123Held-to-maturity fi nancial assets 7 505 353 788 13,496 15,149FINANCIAL ASSETS BYMATURITY 766,072 58,385 66,734 56,497 65,276 149,755 174,480 1,337,199Due to central banks and post offi cebanks 939 939Financial liabilities at fair value throughprofi t or loss 597,990 636 2,406 8,523 25,381 18,392 653,328Derivatives used for hedging purposes 1,335 1,335Due to credit institutions 23,950 63,049 25,324 14,102 11,802 5,423 143,650Due to customers 175,874 76,265 26,725 9,115 2,895 7,778 298,65245Debt securities 28,771 21,680 25,971 20,892 24,245 121,559Subordinated debt 1,558 968 320 773 2,159 12,182 17,960Remeasurement adjustment oninterest-rate risk hedged portfolios 367 367FINANCIAL LIABILITIES BYMATURITY 601,250 200,763 169,689 76,455 58,484 63,129 68,020 1,237,79068.f FAIR VALUE OF FINANCIAL INSTRUMENTSCARRIED AT AMORTISED COSTThe information supplied in this note must be used and interpreted withthe greatest caution for the following reasons:■ These fair values are an estimate of the value of the relevantinstruments as of 31 December 2007. They are liable to fluctuatefrom day to day as a result of changes in various parameters, suchas interest rates and credit quality of the counterparty. In particular,they may differ significantly from the amounts actually received orpaid on maturity of the instrument. In most cases, the fair value isnot intended to be realised immediately, and in practice might not berealised immediately. Consequently, this fair value does not reflect theactual value of the instrument to BNP Paribas as a going concern.■ Most of these fair values are not meaningful, and hence are not takeninto account in the management of the commercial banking activitieswhich use these instruments.■ Estimating a fair value for financial instruments carried at historicalcost often requires the use of modelling techniques, hypothesesand assumptions that may vary from bank to bank. This meansthat comparisons between the fair values of financial instrumentscarried at historical cost as disclosed by different banks may not bemeaningful.■ The fair values shown below do not include the fair values of nonfinancialinstruments such as property, plant and equipment, goodwilland other intangible assets such as the value attributed to demanddeposit portfolios or customer relationships. Consequently, thesefair values should not be regarded as the actual contribution of theinstruments concerned to the overall valuation of the BNP ParibasGroup.78910112007 Registration document - BNP PARIBAS 219
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2007REGISTRATION DOCUMENT
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2007 Registration documentThis docu
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1 TheTHE BNP PARIBAS GROUPBNP Parib
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THE BNP PARIBAS GROUP1The Group’s
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1 ShareholderTHE BNP PARIBAS GROUPi
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3RISK MANAGEMENT< Contents >3.4 Ris
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3 RiskRISK MANAGEMENTfactorsLIQUIDI
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5CONSOLIDATED FINANCIAL STATEMENTS<
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Page 226 and 227: 6INFORMATION ON THE PARENT COMPANY
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8 FoundingGENERAL INFORMATIONdocume
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8 YearGENERAL INFORMATIONended 31 D
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9 StatutorySTATUTORY AUDITORSAudito
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10 PersonPERSON RESPONSIBLE FOR THE
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11TABLE OF CONCORDANCE< Contents >H
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