Additional Inform<strong>at</strong>ion on Consolid<strong>at</strong>ed Subsidiaries composing the <strong>BBVA</strong> Group (Continued) %<strong>of</strong> Voting Rights Thousands <strong>of</strong> Euros (*) Controlled by the Bank Affili<strong>at</strong>e Entity D<strong>at</strong>a Company Loc<strong>at</strong>ion Activity Direct Indirect Total Net Assets as Liabilities Equity Carrying <strong>of</strong> as <strong>of</strong> 12.<strong>31</strong>.10 Amount 12.<strong>31</strong>.10 12.<strong>31</strong>.10 <strong>BBVA</strong> 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 <strong>BBVA</strong> INMOBILIARIA E INVERSIONES, S.A. CHILE REAL ESTATE - 68.1 68.1 5,652 44,049 35,750 8,641 (342) <strong>BBVA</strong> INSTITUIÇAO FINANCEIRA DE CREDITO, S.A. PORTUGAL FINANCIAL SERVICES - 100.0 100.0 33,148 443,576 402,234 39,123 2,219 <strong>BBVA</strong> INTERNATIONAL LIMITED CAYMAN ISLANDS FINANCIAL SERVICES 100.0 - 100.0 1 503,692 501,107 2,751 (166) <strong>BBVA</strong> INTERNATIONAL PREFERRED, S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 60 1,697,891 1,697,121 378 392 <strong>BBVA</strong> 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 <strong>BBVA</strong> IRELAND PLC IRELAND FINANCIAL SERVICES 100.0 - 100.0 180,381 881,138 514,594 344,782 21,762 <strong>BBVA</strong> LEASIMO - SOCIEDADE DE LOCAÇAO FINANCEIRA, S.A. PORTUGAL FINANCIAL SERVICES - 100.0 100.0 11,576 28,620 18,456 10,422 (258) <strong>BBVA</strong> LUXINVEST, S.A. LUXEMBOURG INVESTMENT COMPANY 36.0 64.0 100.0 255,843 1,477,238 65,971 1,406,909 4,358 <strong>BBVA</strong> MEDIACION OPERADOR DE BANCA-SEGUROS VINCULADO, S.A. SPAIN FINANCIAL SERVICES - 100.0 100.0 60 85,<strong>31</strong>1 73,962 5,784 5,565 <strong>BBVA</strong> NOMINEES LIMITED UNITED KINGDOM SERVICES 100.0 - 100.0 - 1 - 1 - <strong>BBVA</strong> PARAGUAY, S.A. PARAGUAY BANKING 100.0 - 100.0 22,598 1,121,259 1,010,091 71,269 39,899 <strong>BBVA</strong> 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 <strong>BBVA</strong> PLANIFICACION PATRIMONIAL, S.L. SPAIN FINANCIAL SERVICES 80.0 20.0 100.0 1 502 3 493 6 <strong>BBVA</strong> 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) <strong>BBVA</strong> PUERTO RICO HOLDING CORPORATION PUERTO RICO INVESTMENT COMPANY 100.0 - 100.0 322,837 179,048 6 179,107 (65) <strong>BBVA</strong> RE LIMITED IRELAND INSURANCES SERVICES - 100.0 100.0 656 67,6<strong>31</strong> 39,901 22,296 5,434 <strong>BBVA</strong> RENTING, S.A. SPAIN FINANCIAL SERVICES - 100.0 100.0 20,976 840,056 747,739 85,809 6,508 <strong>BBVA</strong> RENTING, SPA ITALY SERVICES - 100.0 100.0 8,453 56,154 50,629 7,891 (2,366) <strong>BBVA</strong> SECURITIES INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 41,796 45,580 12,452 27,484 5,644 <strong>BBVA</strong> SECURITIES OF PUERTO RICO, INC. PUERTO RICO FINANCIAL SERVICES 100.0 - 100.0 4,726 6,963 755 6,082 126 <strong>BBVA</strong> SEGUROS COLOMBIA, S.A. COLOMBIA INSURANCES SERVICES 94.0 6.0 100.0 9,490 42,797 27,578 14,065 1,154 <strong>BBVA</strong> 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 <strong>BBVA</strong> SEGUROS DE VIDA, S.A. CHILE INSURANCES SERVICES - 100.0 100.0 56,178 397,262 341,085 45,780 10,397 <strong>BBVA</strong> SEGUROS INC. PUERTO RICO FINANCIAL SERVICES - 100.0 100.0 187 5,459 629 3,895 935 <strong>BBVA</strong> 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 <strong>BBVA</strong> SENIOR FINANCE, S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 60 15,154,181 15,153,452 346 383 <strong>BBVA</strong> SERVICIOS CORPORATIVOS LIMITADA CHILE FINANCIAL SERVICES - 100.0 100.0 1,297 10,949 9,648 (1,968) 3,269 <strong>BBVA</strong> SERVICIOS, S.A. SPAIN SERVICES - 100.0 100.0 354 10,791 1,189 7,0<strong>31</strong> 2,571 <strong>BBVA</strong> SOCIEDAD DE LEASING INMOBILIARIO, S.A. CHILE FINANCIAL SERVICES - 97.5 97.5 15,901 64,945 48,633 14,795 1,517 <strong>BBVA</strong> SUBORDINATED CAPITAL S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 130 3,434,727 3,434,217 403 107 <strong>BBVA</strong> SUIZA, S.A. (<strong>BBVA</strong> SWITZERLAND) SWITZERLAND BANKING 39.7 60.3 100.0 58,107 1,406,692 1,008,595 377,797 20,300 <strong>BBVA</strong> TRADE, S.A. SPAIN INVESTMENT COMPANY - 100.0 100.0 6,379 21,274 11,035 8,171 2,068 <strong>BBVA</strong> U.S. SENIOR S.A.U. SPAIN FINANCIAL SERVICES 100.0 - 100.0 169 898,687 898,650 138 (101) <strong>BBVA</strong> USA BANCSHARES, INC UNITED STATES INVESTMENT COMPANY 100.0 - 100.0 9,268,740 9,106,626 7,897 9,355,563 (256,834) <strong>BBVA</strong> VALORES COLOMBIA, S.A. COMISIONISTA DE BOLSA COLOMBIA SECURITIES DEALER - 100.0 100.0 4,747 9,330 4,583 3,581 1,166 <strong>BBVA</strong> 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 (*) Inform<strong>at</strong>ion on foreign companies <strong>at</strong> exchange r<strong>at</strong>e on <strong>December</strong> <strong>31</strong>, <strong>2010</strong> Pr<strong>of</strong>it (Loss) 12.<strong>31</strong>.10 124
Additional Inform<strong>at</strong>ion on Consolid<strong>at</strong>ed Subsidiaries composing the <strong>BBVA</strong> Group (Continued) %<strong>of</strong> Voting Rights Thousands <strong>of</strong> Euros (*) Controlled by the Bank Affili<strong>at</strong>e Entity D<strong>at</strong>a Company Loc<strong>at</strong>ion Activity Direct Indirect Total Net Assets as Liabilities Equity Carrying <strong>of</strong> as <strong>of</strong> 12.<strong>31</strong>.10 Amount 12.<strong>31</strong>.10 12.<strong>31</strong>.10 BILBAO VIZCAYA HOLDING, S.A. SPAIN INVESTMENT COMPANY 89.0 11.0 100.0 34,771 251,089 21,027 223,504 6,558 BLUE INDICO INVESTMENTS, S.L. SPAIN INVESTMENT COMPANY 100.0 - 100.0 49,106 55,957 207 60,897 (5,147) C B TRANSPORT ,INC. UNITED STATES SERVICES - 100.0 100.0 12,427 13,622 1,195 12,803 (376) CAPITAL INVESTMENT COUNSEL, INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 22,807 24,088 1,280 21,037 1,771 CARTERA E INVERSIONES S.A., CIA DE SPAIN INVESTMENT COMPANY 100.0 - 100.0 92,016 253,247 48,030 201,140 4,077 CASA DE BOLSA <strong>BBVA</strong> BANCOMER , S.A. DE C.V. MEXICO FINANCIAL SERVICES - 100.0 100.0 77,423 99,183 21,758 47,743 29,682 CASA DE CAMBIO MULTIDIVISAS, SA DE CV MEXICO IN LIQUIDATION - 100.0 100.0 171 170 - 169 1 CIA. GLOBAL DE MANDATOS Y REPRESENTACIONES, S.A. URUGUAY IN LIQUIDATION - 100.0 100.0 108 187 2 185 - CIDESSA DOS, S.L. SPAIN INVESTMENT COMPANY - 100.0 100.0 12,062 12,183 117 12,047 19 CIDESSA UNO, S.L. SPAIN INVESTMENT COMPANY - 100.0 100.0 4,754 898,460 22,374 994,155 (118,069) CIERVANA, S.L. SPAIN INVESTMENT COMPANY 100.0 - 100.0 53,164 70,156 3,232 66,879 45 COMERCIALIZADORA CORPORATIVA SAC (1) PERU FINANCIAL SERVICES - 100.0 100.0 449 1,050 601 142 307 COMERCIALIZADORA DE SERVICIOS FINANCIEROS, S.A. COLOMBIA SERVICES - 100.0 100.0 587 1,738 752 680 306 COMPASS ASSET ACCEPTANCE COMPANY, LLC UNITED STATES FINANCIAL SERVICES - 100.0 100.0 363,575 363,575 - 362,726 849 COMPASS AUTO RECEIVABLES CORPORATION UNITED STATES FINANCIAL SERVICES - 100.0 100.0 3,125 3,125 - 3,127 (2) COMPASS BANCSHARES, INC. UNITED STATES INVESTMENT COMPANY - 100.0 100.0 9,083,594 9,178,765 95,174 9,339,985 (256,394) COMPASS BANK UNITED STATES BANKING - 100.0 100.0 9,049,899 51,111,008 42,061,111 9,289,908 (240,011) COMPASS CAPITAL MARKETS, INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 5,626,344 5,626,344 - 5,509,976 116,368 COMPASS CUSTODIAL SERVICES, INC. UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 - COMPASS FINANCIAL CORPORATION UNITED STATES FINANCIAL SERVICES - 100.0 100.0 6,886 53,984 47,099 6,824 61 COMPASS GP,INC. UNITED STATES INVESTMENT COMPANY - 100.0 100.0 34,802 43,807 9,005 34,272 530 COMPASS INVESTMENTS, INC. UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 - COMPASS LIMITED PARTNER, INC. UNITED STATES INVESTMENT COMPANY - 100.0 100.0 4,872,688 4,873,129 440 4,770,173 102,516 COMPASS LOAN HOLDINGS TRS, INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 58,163 60,101 1,938 58,118 45 COMPASS MORTGAGE CORPORATION UNITED STATES FINANCIAL SERVICES - 100.0 100.0 1,938,209 1,938,459 249 1,924,839 13,371 COMPASS MORTGAGE FINANCING, INC. UNITED STATES FINANCIAL SERVICES - 100.0 100.0 26 26 - 26 - COMPASS MULTISTATE SERVICES CORPORATION UNITED STATES SERVICES - 100.0 100.0 2,807 2,862 55 2,807 - COMPASS SOUTHWEST, LP UNITED STATES BANKING - 100.0 100.0 4,008,054 4,008,406 351 3,916,928 91,127 COMPASS TEXAS ACQUISITION CORPORATION UNITED STATES INACTIVE - 100.0 100.0 1,694 1,711 17 1,693 1 COMPASS TEXAS MORTGAGE FINANCING, INC UNITED STATES FINANCIAL SERVICES - 100.0 100.0 26 26 - 26 - COMPASS TRUST II UNITED STATES INACTIVE - 100.0 100.0 - 1 - 1 - COMPASS WEALTH MANAGERS COMPANY UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 - COMPAÑIA CHILENA DE INVERSIONES, S.L. SPAIN INVESTMENT COMPANY 100.0 - 100.0 580,<strong>31</strong>3 590,050 3,534 585,508 1,008 COMUNIDAD FINANCIERA ÍNDICO, S.L. SPAIN SERVICES - 100.0 100.0 69 62 - 160 (98) CONSOLIDAR A.F.J.P., S.A. ARGENTINA PENSION FUNDS MANAGEMENT 46.1 53.9 100.0 4,025 19,566 12,099 10,727 (3,260) CONSOLIDAR ASEGURADORA DE RIESGOS DEL TRABAJO, S.A. ARGENTINA INSURANCES SERVICES 87.5 12.5 100.0 29,434 237,856 199,586 33,211 5,059 CONSOLIDAR CIA. DE SEGUROS DE RETIRO, S.A. ARGENTINA INSURANCES SERVICES 33.8 66.2 100.0 32,612 608,698 559,442 36,596 12,660 CONSOLIDAR COMERCIALIZADORA, S.A. ARGENTINA FINANCIAL SERVICES - 100.0 100.0 1,440 12,577 11,139 8,864 (7,426) CONTENTS AREA, S.L. SPAIN INVESTMENT COMPANY - 100.0 100.0 1,251 1,456 44 3,789 (2,377) CONTINENTAL BOLSA, SDAD. AGENTE DE BOLSA, S.A.(2) PERU SECURITIES DEALER - 100.0 100.0 6,243 12,399 6,156 5,283 960 (*) Inform<strong>at</strong>ion on foreign companies <strong>at</strong> exchange r<strong>at</strong>e on <strong>December</strong> <strong>31</strong>, <strong>2010</strong> (1) The percentage <strong>of</strong> voting rights is the result <strong>of</strong> the agreements entered into with shareholders th<strong>at</strong> enable the control <strong>of</strong> the entity. The ownership percentage is 50.0%. (2) The percentage <strong>of</strong> voting rights is the result <strong>of</strong> the agreements entered into with shareholders th<strong>at</strong> enable the control <strong>of</strong> the entity. The ownership percentage is 46.1%. Pr<strong>of</strong>it (Loss) 12.<strong>31</strong>.10 125
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The table below outlines the financ
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The breakdown, by transaction type
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2009 Unrealized Gains Millions of E
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11. LOANS AND RECEIVABLES 11.1. BRE
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Additionally, this heading of the a
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As of December 31, 2010 and 2009 th
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As of December 31, 2010 and 2009, t
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15. INVESTMENTS 15.1. INVESTMENTS I
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The changes in 2010 and 2009 in the
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16. TANGIBLE ASSETS As of December
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- Page 122 and 123: BANCO BILBAO VIZCAYA ARGENTARIA, S.
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BANCO BILBAO VIZCAYA ARGENTARIA, S.
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inflation, this is forcing the auth
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6. COMMON STOCK AND TREASURY STOCK
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The grievances and complaints handl
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Development of virtual banking In 2
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Development and coordination of Inn
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12. OTHER INFORMATION AND SUBSEQUEN
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Termination of Directorship Directo
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ANNUAL CORPORATE GOVERNANCE REPORT
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A.3. Complete the following tables
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24/MAY/2010 9/JUN/2010 24/JUN/2010
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Description of the legal restrictio
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B.1.3.Fill in the following tables
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Name of director (person or company
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B.1.8. List, where applicable, any
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c) Total remuneration by type of di
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Article 50 b of the BBVA bylaws est
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4. Propose the senior management re
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Should the board decide against the
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. Matters on which a tie-breaking v
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NO Identify, if applicable, the per
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Amount of non-audit work / Aggregat
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B.2. Committees of the Board of Dir
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Article 32. Composition The Appoint
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The Remuneration committee shall me
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egulators from Spain and abroad may
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established in the specific regulat
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Name of committee Brief description
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Bank or companies of its Group hold
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This organisational set-up is suppl
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MARKET RISK: This risk arises as a
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Liquidity risk. Liquidity risk is t
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Risk materialised in the financial
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During the first half of the year,
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On second summons, twenty-five perc
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the General Meeting as established
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Resolution Three adopted by 95.29%.
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a) The transformation of listed com
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See section: B.1.3 Complies 12. Amo
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See sections: B.1.28 and B.1.30 Com
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34. Directors who give up their pla
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4.- Propose the remuneration policy
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a) To monitor the preparation and t
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G OTHER INFORMATION OF INTEREST If
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(3) Roman Knörr Borrás, who stood
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The provisions registered as of Dec