Balance Sheet at 31 December 2010 of BBVA
Balance Sheet at 31 December 2010 of BBVA
Balance Sheet at 31 December 2010 of BBVA
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APPENDIX XI. Income st<strong>at</strong>ements for the first and second semesters <strong>of</strong> <strong>2010</strong> and 2009<br />
Millions <strong>of</strong> Euros<br />
1H10 1H09 2H10 2H09<br />
INTEREST AND SIMILAR INCOME 4,425 6,509 4,334 4,911<br />
INTEREST EXPENSE AND SIMILAR CHARGES (1,554) (3,505) (2,164) (1,825)<br />
INCOME FROM EQUITY INSTRUMENTS - - - -<br />
NET INTEREST INCOME 2,871 3,004 2,170 3,086<br />
INCOME FROM EQUITY INSTRUMENTS 858 667 1,271 1,106<br />
FEE AND COMMISSION INCOME 930 980 876 968<br />
FEE AND COMMISSION EXPENSES (134) (152) (136) (151)<br />
GAINS OR LOSSES ON FINANCIAL ASSETS AND LIABILITIES (NET) 627 45 111 51<br />
EXCHANGE DIFFERENCES (51) 114 163 145<br />
OTHER OPERATING INCOME 45 <strong>31</strong> 57 50<br />
OTHER OPERATING EXPENSES (50) (46) (56) (52)<br />
GROSS INCOME 5,096 4,643 4,456 5,203<br />
ADMINISTRATION COSTS (1,683) (1,6<strong>31</strong>) (1,726) (1,706)<br />
Personnel expenses (1,079) (1,091) (1,123) (1,160)<br />
General expenses (604) (540) (603) (546)<br />
AMORTIZATION (1<strong>31</strong>) (120) (145) (123)<br />
PROVISIONS (NET) (147) (72) (258) (197)<br />
IMPAIRMENT LOSSES ON FINANCIAL ASSETS (NET) (910) (569) (1,015) (1,129)<br />
NET OPERATING INCOME 2,225 2,251 1,<strong>31</strong>2 2,048<br />
IMPAIRMENT LOSSES ON OTHER ASSETS (NET) (23) (29) (235) (1,717)<br />
CURRENT ASSETS HELD FOR SALE - 2 5 1<br />
NEGATIVE GOODWILL IN BUSINESS COMBINATIONS - - - -<br />
CLASSIFIED AS DISCONTINUED TRANSACTIONS 27 77 102 815<br />
INCOME BEFORE TAX 2,229 2,301 1,184 1,147<br />
INCOME TAX (422) (463) (87) (4)<br />
INCOME FROM CONTINUING TRANSACTIONS 1,807 1,838 1,097 1,143<br />
INCOME FROM DISCONTINUED TRANSACTIONS (NET) - - - -<br />
PROFIT FOR THE YEAR 1,807 1,838 1,097 1,143<br />
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