<?xml version="1.0" encoding="utf-8"?>
<?taxonomy-version 1.3.0?>
<!-- Copyright (C) 2007 CEBS Secretariat Ltd., Tower 42, 25 Old Broad Street, London, EC2N 1HQ, United Kingdom. -->
<linkbase
	xmlns="http://www.xbrl.org/2003/linkbase"
	xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
	xmlns:xlink="http://www.w3.org/1999/xlink"
	xsi:schemaLocation=" http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <roleRef xlink:type="simple" xlink:href="p-FINREP-2008-01-01-T05-AFSFinancialAssets.xsd#AFSFinancialAssets" roleURI="http://www.c-ebs.org/eu/fr/esrs/finrep/2008-01-01/role/AFSFinancialAssets" />
  <roleRef xlink:type="simple" xlink:href="p-FINREP-2008-01-01-T05-AFSFinancialAssets.xsd#AFSFinancialAssetsII" roleURI="http://www.c-ebs.org/eu/fr/esrs/finrep/2008-01-01/role/AFSFinancialAssetsII" />
  <calculationLink xlink:type="extended" xlink:role="http://www.c-ebs.org/eu/fr/esrs/finrep/2008-01-01/role/AFSFinancialAssets">
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsTotal" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:to="p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:to="ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:to="ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" order="3" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" xlink:label="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" order="3" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" xlink:label="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" order="3" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLosses" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLosses" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesEquityInstruments" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLosses" xlink:to="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesEquityInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesOtherDebtInstruments" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLosses" xlink:to="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesOtherDebtInstruments" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesLoansAndAdvances" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLosses" xlink:to="p-FINREP_AvailableForSaleFinancialAssetsAccumulatedImpairmentLossesLoansAndAdvances" order="3" weight="1" use="optional" />
  </calculationLink>
  <calculationLink xlink:type="extended" xlink:role="http://www.c-ebs.org/eu/fr/esrs/finrep/2008-01-01/role/AFSFinancialAssetsII">
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsLoansAndAdvances" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsLoansAndAdvances" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsLoansAndAdvances" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsOtherDebtInstruments" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsOtherDebtInstruments" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:label="ifrs-gp_AvailableForSaleFinancialAssetsTotal" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" xlink:label="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:to="ifrs-gp_FairValueOfUnimpairedAvailableForSaleFinancialAssets" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/ifrs-gp-2006-08-15.xsd#ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" xlink:label="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="ifrs-gp_AvailableForSaleFinancialAssetsTotal" xlink:to="ifrs-gp_FairValueOfImpairedAvailableForSaleFinancialAssets" order="2" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" xlink:to="p-FINREP_FairValueOfUnimpairedAvailableForSaleFinancialAssetsEquityInstruments" order="1" weight="1" use="optional" />
    <loc xlink:type="locator" xlink:href="p-FINREP-2008-01-01.xsd#p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" xlink:label="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" />
    <calculationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="p-FINREP_AvailableForSaleFinancialAssetsEquityInstruments" xlink:to="p-FINREP_FairValueOfImpairedAvailableForSaleFinancialAssetsEquityInstruments" order="2" weight="1" use="optional" />
  </calculationLink>
</linkbase>