Balance Sheet at 31 December 2010 of BBVA

Additional Information on Consolidated Subsidiaries composing the BBVA Group (Continued)
%of Voting Rights Thousands of Euros (*)
Controlled by the Bank
Affiliate Entity Data
Company Location Activity Direct Indirect Total
Net Assets as Liabilities
Equity
Carrying of as of
12.31.10
Amount 12.31.10 12.31.10
BBVA HORIZONTE PENSIONES Y CESANTIAS, S.A. COLOMBIA PENSION FUNDS MANAGEMENT 78.5 21.4 100.0 62,061 162,934 35,812 102,872 24,250
BBVA INMOBILIARIA E INVERSIONES, S.A. CHILE REAL ESTATE - 68.1 68.1 5,652 44,049 35,750 8,641 (342)
BBVA INSTITUIÇAO FINANCEIRA DE CREDITO, S.A. PORTUGAL FINANCIAL SERVICES - 100.0 100.0 33,148 443,576 402,234 39,123 2,219
BBVA INTERNATIONAL LIMITED CAYMAN ISLANDS FINANCIAL SERVICES 100.0 - 100.0 1 503,692 501,107 2,751 (166)
BBVA INTERNATIONAL PREFERRED, S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 60 1,697,891 1,697,121 378 392
BBVA INVERSIONES CHILE, S.A. CHILE FINANCIAL SERVICES 61.2 38.8 100.0 580,584 1,254,723 2,328 1,088,536 163,859
BBVA IRELAND PLC IRELAND FINANCIAL SERVICES 100.0 - 100.0 180,381 881,138 514,594 344,782 21,762
BBVA LEASIMO - SOCIEDADE DE LOCAÇAO FINANCEIRA, S.A. PORTUGAL FINANCIAL SERVICES - 100.0 100.0 11,576 28,620 18,456 10,422 (258)
BBVA LUXINVEST, S.A. LUXEMBOURG INVESTMENT COMPANY 36.0 64.0 100.0 255,843 1,477,238 65,971 1,406,909 4,358
BBVA MEDIACION OPERADOR DE BANCA-SEGUROS VINCULADO, S.A. SPAIN FINANCIAL SERVICES - 100.0 100.0 60 85,311 73,962 5,784 5,565
BBVA NOMINEES LIMITED UNITED KINGDOM SERVICES 100.0 - 100.0 - 1 - 1 -
BBVA PARAGUAY, S.A. PARAGUAY BANKING 100.0 - 100.0 22,598 1,121,259 1,010,091 71,269 39,899
BBVA PATRIMONIOS GESTORA SGIIC, S.A. SPAIN FINANCIAL SERVICES 100.0 - 100.0 3,907 28,634 3,404 20,143 5,087
PENSIONES SPAIN PENSION FUNDS MANAGEMENT 100.0 - 100.0 12,922 72,968 34,106 25,939 12,923
BBVA PLANIFICACION PATRIMONIAL, S.L. SPAIN FINANCIAL SERVICES 80.0 20.0 100.0 1 502 3 493 6
BBVA PROPIEDAD F.I.I. SPAIN REAL ESTATE INVESTMENT COMPANY - 100.0 100.0 1,384,561 1,469,283 74,743 1,474,196 (79,656)
BBVA PUERTO RICO HOLDING CORPORATION PUERTO RICO INVESTMENT COMPANY 100.0 - 100.0 322,837 179,048 6 179,107 (65)
BBVA RE LIMITED IRELAND INSURANCES SERVICES - 100.0 100.0 656 67,631 39,901 22,296 5,434
BBVA RENTING, S.A. SPAIN FINANCIAL SERVICES - 100.0 100.0 20,976 840,056 747,739 85,809 6,508
BBVA RENTING, SPA ITALY SERVICES - 100.0 100.0 8,453 56,154 50,629 7,891 (2,366)
BBVA SECURITIES INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 41,796 45,580 12,452 27,484 5,644
BBVA SECURITIES OF PUERTO RICO, INC. PUERTO RICO FINANCIAL SERVICES 100.0 - 100.0 4,726 6,963 755 6,082 126
BBVA SEGUROS COLOMBIA, S.A. COLOMBIA INSURANCES SERVICES 94.0 6.0 100.0 9,490 42,797 27,578 14,065 1,154
BBVA SEGUROS DE VIDA COLOMBIA, S.A. COLOMBIA INSURANCES SERVICES 94.0 6.0 100.0 13,242 329,602 278,040 41,754 9,808
BBVA SEGUROS DE VIDA, S.A. CHILE INSURANCES SERVICES - 100.0 100.0 56,178 397,262 341,085 45,780 10,397
BBVA SEGUROS INC. PUERTO RICO FINANCIAL SERVICES - 100.0 100.0 187 5,459 629 3,895 935
BBVA SEGUROS, S.A., DE SEGUROS Y REASEGUROS SPAIN INSURANCES SERVICES 94.3 5.7 100.0 414,659 10,913,118 10,164,287 508,373 240,458
BBVA SENIOR FINANCE, S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 60 15,154,181 15,153,452 346 383
BBVA SERVICIOS CORPORATIVOS LIMITADA CHILE FINANCIAL SERVICES - 100.0 100.0 1,297 10,949 9,648 (1,968) 3,269
BBVA SERVICIOS, S.A. SPAIN SERVICES - 100.0 100.0 354 10,791 1,189 7,031 2,571
BBVA SOCIEDAD DE LEASING INMOBILIARIO, S.A. CHILE FINANCIAL SERVICES - 97.5 97.5 15,901 64,945 48,633 14,795 1,517
BBVA SUBORDINATED CAPITAL S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 130 3,434,727 3,434,217 403 107
BBVA SUIZA, S.A. (BBVA SWITZERLAND) SWITZERLAND BANKING 39.7 60.3 100.0 58,107 1,406,692 1,008,595 377,797 20,300
BBVA TRADE, S.A. SPAIN INVESTMENT COMPANY - 100.0 100.0 6,379 21,274 11,035 8,171 2,068
BBVA U.S. SENIOR S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 169 898,687 898,650 138 (101)
BBVA USA BANCSHARES, INC UNITED STATES INVESTMENT COMPANY 100.0 - 100.0 9,268,740 9,106,626 7,897 9,355,563 (256,834)
BBVA VALORES COLOMBIA, S.A. COMISIONISTA DE BOLSA COLOMBIA SECURITIES DEALER - 100.0 100.0 4,747 9,330 4,583 3,581 1,166
BBVA WEALTH SOLUTIONS, INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 25,398 25,990 591 25,269 130
BCL INTERNATIONAL FINANCE. LTD. CAYMAN ISLANDS FINANCIAL SERVICES 100.0 - 100.0 - 4 4 (5) 5
BILBAO VIZCAYA AMERICA B.V. NETHERLANDS INIVESTMENT COMPANY - 100.0 100.0 746,000 629,416 22 608,766 20,628
(*) Information on foreign companies at exchange rate on December 31, 2010
Profit
(Loss)
12.31.10
124