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
GRUPO PROFESIONAL PLANEACION Y PROYECTOS, S.A. DE C.V. MEXICO SERVICES - 58.4 58.4 4,049 23,913 16,981 7,368 (436)
GUARANTY BUSINESS CREDIT CORPORATION UNITED STATES FINANCIAL SERVICES - 100.0 100.0 27,132 28,524 1,391 25,838 1,295
GUARANTY PLUS HOLDING COMPANY UNITED STATES FINANCIAL SERVICES - 100.0 100.0 (23,927) 45,646 69,571 (22,290) (1,635)
GUARANTY PLUS PROPERTIES LLC-2 UNITED STATES FINANCIAL SERVICES - 100.0 100.0 35,040 35,193 153 34,866 174
GUARANTY PLUS PROPERTIES LLC-3 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-4 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-5 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-6 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-7 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-8 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES LLC-9 UNITED STATES INACTIVE - 100.0 100.0 1 1 - 1 -
GUARANTY PLUS PROPERTIES, INC-1 UNITED STATES FINANCIAL SERVICES - 100.0 100.0 9,349 9,351 2 9,730 (381)
HIPOTECARIA NACIONAL MEXICANA INCORPORATED UNITED STATES REAL ESTATE - 100.0 100.0 312 408 95 183 130
HIPOTECARIA NACIONAL, S.A. DE C.V. MEXICO FINANCIAL SERVICES - 100.0 100.0 58,701 91,122 11,779 80,170 (827)
HOLDING CONTINENTAL, S.A. PERU INVESTMENT COMPANY 50.0 - 50.0 123,678 884,998 5 628,029 256,964
HOMEOWNERS LOAN CORPORATION UNITED STATES INACTIVE - 100.0 100.0 7,786 8,062 275 7,970 (183)
HUMAN RESOURCES PROVIDER UNITED STATES SERVICES - 100.0 100.0 698,212 698,237 24 703,161 (4,948)
HUMAN RESOURCES SUPPORT, INC UNITED STATES SERVICES - 100.0 100.0 696,453 696,511 59 701,608 (5,156)
IBERNEGOCIO DE TRADE, S.L. SPAIN SERVICES - 100.0 100.0 3,687 3,688 - 1,688 2,000
INGENIERIA EMPRESARIAL MULTIBA, S.A. DE C.V. MEXICO SERVICES - 100.0 100.0 - - - - -
INMOBILIARIA BILBAO, S.A. SPAIN REAL ESTATE - 100.0 100.0 3,842 3,847 1 3,837 9
INMUEBLES Y RECUPERACIONES CONTINENTAL S.A (1) PERU REAL ESTATE - 100.0 100.0 5,392 6,583 1,192 1,873 3,518
INVERAHORRO, S.L. SPAIN INVESTMENT COMPANY 100.0 - 100.0 - 77,630 79,210 (918) (662)
INVERSIONES ALDAMA, C.A. VENEZUELA IN LIQUIDATION - 100.0 100.0 - - - - -
INVERSIONES BANPRO INTERNATIONAL INC. N.V. NETHERLANDS ANTILLEIN LIQUIDATION 48.0 - 48.0 11,390 37,837 1,173 25,460 11,204
INVERSIONES BAPROBA, C.A. VENEZUELA FINANCIAL SERVICES 100.0 - 100.0 1,307 1,258 132 801 325
INVERSIONES P.H.R.4, C.A. VENEZUELA IN LIQUIDATION - 60.5 60.5 - 26 - 26 -
INVERSORA OTAR, S.A. ARGENTINA INVESTMENT COMPANY - 100.0 100.0 3,276 65,392 8 42,299 23,085
INVESCO MANAGEMENT Nº 1, S.A. LUXEMBOURG FINANCIAL SERVICES - 100.0 100.0 9,753 10,344 623 9,825 (104)
INVESCO MANAGEMENT Nº 2, S.A. LUXEMBOURG FINANCIAL SERVICES - 100.0 100.0 - 7,769 17,071 (8,564) (738)
JARDINES DE SARRIENA, S.L. SPAIN INVESTMENT COMPANY - 85.0 85.0 255 457 159 172 126
LIQUIDITY ADVISORS, L.P UNITED STATES FINANCIAL SERVICES - 100.0 100.0 900,046 902,819 2,774 890,086 9,959
MEDITERRANIA DE PROMOCIONS I GESTIONS INMOBILIARIES, S.A. SPAIN INACTIVE - 100.0 100.0 1,189 1,251 60 1,187 4
MISAPRE, S.A. DE C.V. MEXICO FINANCIAL SERVICES - 100.0 100.0 17,342 23,937 8,087 16,910 (1,060)
MULTIASISTENCIA OPERADORA S.A. DE C.V. MEXICO INSURANCES SERVICES - 100.0 100.0 121 877 757 76 44
MULTIASISTENCIA SERVICIOS S.A. DE C.V. MEXICO INSURANCES SERVICES - 100.0 100.0 381 1,971 1,589 208 174
MULTIASISTENCIA, S.A. DE C.V. MEXICO INSURANCES SERVICES - 100.0 100.0 16,913 25,983 7,868 14,470 3,645
OPCION VOLCAN, S.A. MEXICO REAL ESTATE - 100.0 100.0 65,964 69,684 3,719 61,801 4,164
OPPLUS OPERACIONES Y SERVICIOS, S.A. (Antes STURGES) SPAIN SERVICES 100.0 - 100.0 1,067 19,109 11,467 4,602 3,040
OPPLUS S.A.C PERU SERVICES - 100.0 100.0 600 1,710 938 754 18
(*) Information on foreign companies at exchange rate on December 31, 2010
(1) The percentage of voting rights is the result of the agreements entered into with shareholders that enable the control of the entity. The ownership percentage is 46.1%.
Profit
(Loss)
12.31.10
127