Balance Sheet at 31 December 2010 of BBVA

APPENDIX XIII. Balance Sheet of Banco de Crédito Local de España, S.A. (Unipersonal) and BBVA
Factoring E.F.C., S.A. (Unipersonal)
BANCO DE CRÉDITO LOCAL DE ESPAÑA, S.A.U.
BALANCE SHEET AS OF DECIEMBER 31, 2008
Thousands
Thousands
ASSETS
of Euros LIABILITIES AND EQUITY
of Euros
CASH AND BALANCES WITH CENTRAL BANKS 216,651 FINANCIAL LIABILITIES HELD FOR TRADING 86,186
FINANCIAL ASSETS HELD FOR TRADING 104,439 Deposits from central banks -
Loans and advances to credit institutions - Deposits from credit institutions -
Loans and advances to customers - Customers deposits -
Debt securities - Debt certificates -
Equity instruments - Trading derivatives 86,186
Trading derivatives 104,439 Short positions -
Memorandum item: Loaned or advanced as collateral - Other financial liabilities -
OTHER FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH
OTHER FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH
PROFIT OR LOSS - PROFIT OR LOSS -
Loans and advances to credit institutions - Deposits from central banks -
Loans and advances to customers - Deposits from credit institutions -
Debt securities - Customer deposits -
Equity instruments - Debt certificates -
Memorandum item: Loaned or advanced as collateral - Subordinated liabilities -
AVAILABLE-FOR-SALE FINANCIAL ASSETS 2,376,983 Other financial liabilities -
Debt securities 2,376,983 FINANCIAL LIABILITIES AT AMORTIZED COST 10,591,784
Equity instruments - Deposits from central banks -
Memorandum item: Loaned or advanced as collateral 20,057 Deposits from credit institutions 3,369,315
LOANS AND RECEIVABLES 8,278,408 Customer deposits 2,536,519
Loans and advances to credit institutions 255,810 Debt certificates 4,626,370
Loans and advances to customers 8,022,598 Subordinated liabilities -
Debt securities - Other financial liabilities 59,580
FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF
Memorandum item: Loaned or advanced as collateral - INTEREST RATE RISK
-
HELD-TO-MATURITY INVESTMENTS - HEDGING DERIVATIVES 440,308
Memorandum item: Loaned or advanced as collateral - LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE -
FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF
INTEREST RATE RISK
- PROVISIONS 22,054
HEDGING DERIVATIVES 214,013 Provisions for pensions and similar obligations 20,020
NON-CURRENT ASSETS HELD FOR SALE 27,400 Provisions for taxes and other legal contingencies -
INVESTMENTS - Provisions for contingent exposures and commitments 264
Associates - Other provisions 1,770
Jointly controlled entities - TAX LIABILITIES 17,137
Subsidiaries - Current 17,137
INSURANCE CONTRACTS LINKED TO PENSIONS 5,477 Deferred -
TANGIBLE ASSETS 983 OTHER LIABILITIES 8,634
Property, plants and equipment 983 TOTAL LIABILITIES 11,166,103
For own use 983
Other assets leased out under an operating lease - STOCKHOLDERS’ FUNDS 333,175
Investment properties - Common Stock 151,043
Memorandum item: Acquired under financial lease - Issued 151,043
INTANGIBLE ASSETS - Less: Unpaid and uncalled -
Goodwill - Share premium 10,662
Other intangible assets - Reserves 84,582
TAX ASSETS 86,681 Other equity instruments -
Current 459 Equity component of compound financial instruments -
Deferred 86,222 Other equity instruments -
OTHER ASSETS 861 Less: Treasury stock -
TOTAL ASSETS 11,311,896 Profit for the year 86,888
Less: Dividends and remuneration -
VALUATION ADJUSTMENTS -187,382
Available-for-sale financial assets -187,382
Cash flow hedging -
Hedging of net investment in a foreign transactions -
Exchange differences -
Non-current assets helf for sale -
Other valuation adjustments -
TOTAL EQUITY 145,793
TOTAL LIABILITIES AND EQUITY 11,311,896
MEMORANDUM ITEM
CONTINGENT EXPOSURES 710,293
CONTINGENT COMMITMENTS 1,001,006
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