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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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<strong>BBVA</strong> FACTORING, E.F.C., S.A. (Unipersonal)<br />

BALANCE SHEET AS OF DECIEMBER <strong>31</strong>, 2008<br />

ASSETS<br />

CASH AND BALANCES WITH CENTRAL BANKS 30 FINANCIAL LIABILITIES HELD FOR TRADING -<br />

FINANCIAL ASSETS HELD FOR TRADING - Deposits from central banks -<br />

Loans and advances to credit institutions - Deposits from credit institutions -<br />

Loans and advances to customers - Customers deposits -<br />

Debt securities - Debt certific<strong>at</strong>es -<br />

Equity instruments - Trading deriv<strong>at</strong>ives -<br />

Trading deriv<strong>at</strong>ives - Short positions -<br />

Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - Other financial liabilities -<br />

OTHER FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH<br />

Thousands<br />

<strong>of</strong> euros<br />

LIABILITIES AND EQUITY<br />

OTHER FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH<br />

Thousands<br />

<strong>of</strong> euros<br />

PROFIT OR LOSS - PROFIT OR LOSS -<br />

Loans and advances to credit institutions - Deposits from central banks -<br />

Loans and advances to customers - Deposits from credit institutions -<br />

Debt securities - Customer deposits -<br />

Equity instruments - Debt certific<strong>at</strong>es -<br />

Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - Subordin<strong>at</strong>ed liabilities -<br />

AVAILABLE-FOR-SALE FINANCIAL ASSETS 203 Other financial liabilities -<br />

Debt securities - FINANCIAL LIABILITIES AT AMORTIZED COST 6,384,219<br />

Equity instruments 203 Deposits from central banks -<br />

Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - Deposits from credit institutions 6,197,626<br />

LOANS AND RECEIVABLES 6,633,114 Customer deposits -<br />

Loans and advances to credit institutions 85,436 Debt certific<strong>at</strong>es -<br />

Loans and advances to customers 6,547,678 Subordin<strong>at</strong>ed liabilities -<br />

Debt securities - Other financial liabilities 186,593<br />

FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF<br />

Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - INTEREST RATE RISK<br />

-<br />

HELD-TO-MATURITY INVESTMENTS - HEDGING DERIVATIVES 3,178<br />

Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE -<br />

FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF<br />

INTEREST RATE RISK<br />

- PROVISIONS 2,357<br />

HEDGING DERIVATIVES 127 Provisions for pensions and similar oblig<strong>at</strong>ions 282<br />

NON-CURRENT ASSETS HELD FOR SALE - Provisions for taxes and other legal contingencies -<br />

INVESTMENTS 574 Provisions for contingent exposures and commitments -<br />

Associ<strong>at</strong>es 574 Other provisions 2,075<br />

Jointly controlled entities - TAX LIABILITIES 13,102<br />

Subsidiaries - Current 13,102<br />

INSURANCE CONTRACTS LINKED TO PENSIONS 201 Deferred -<br />

TANGIBLE ASSETS 114 OTHER LIABILITIES 3,898<br />

Property, plants and equipment 114 TOTAL LIABILITIES 6,406,754<br />

For own use 114<br />

Other assets leased out under an oper<strong>at</strong>ing lease - STOCKHOLDERS’ FUNDS 264,402<br />

Investment properties - Common Stock 26,874<br />

Memorandum item: Acquired under financial lease - Issued 26,874<br />

INTANGIBLE ASSETS - Less: Unpaid and uncalled (-) -<br />

Goodwill - Share premium 93,180<br />

Other intangible assets - Reserves 110,254<br />

TAX ASSETS 26,879 Other equity instruments -<br />

Current - Equity component <strong>of</strong> compound financial instruments -<br />

Deferred 26,879 Other equity instruments -<br />

OTHER ASSETS 8,835 Less: Treasury stock -<br />

TOTAL ASSETS 6,670,077 Pr<strong>of</strong>it for the year 34,094<br />

Less: Dividends and remuner<strong>at</strong>ion -<br />

VALUATION ADJUSTMENTS (1,079)<br />

Available-for-sale financial assets -<br />

Cash flow hedging (1,079)<br />

Hedging <strong>of</strong> net investment in a foreign transactions -<br />

Exchange differences -<br />

Non-current assets helf for sale -<br />

Other valu<strong>at</strong>ion adjustments -<br />

TOTAL EQUITY 263,323<br />

TOTAL LIABILITIES AND EQUITY 6,670,077<br />

MEMORANDUM ITEM<br />

CONTINGENT EXPOSURES -<br />

CONTINGENT COMMITMENTS -<br />

167

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