Balance Sheet at 31 December 2010 of BBVA

9. OTHER FINANCIAL ASSETS AND LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT
OR LOSS
As of December 31, 2010 and 2009, this heading of the balance sheet had no balances.
10. AVAILABLE-FOR-SALE FINANCIAL ASSETS
10.1. BREAKDOWN OF THE BALANCE
The detail of the balance of this heading in the balance sheets, broken down by the nature of the financial
instruments, as of December 31, 2010 and 2009 is as follows:
Millions of Euros
Available-for-Sale (AFS) Financial Assets 2010 2009
Debt securities 22,131 30,610
Equity instruments 4,581 5,354
Total 26,712 35,964
10.2. DEBT SECURITIES
The detail of the balance of the heading “Debt securities” as of December 31, 2010 and 2009, broken down
by the nature of the financial instruments, was as follows:
AFS-Debt Securities. Breakdown by Type of Financial Instrument
2010
Domestic Debt Securities
Unrealized
Gains
Millions of Euros
Unrealized
Losses
Fair
Value
Spanish Government and other government agency debt securities 1 (806) 12,324
Other debt securities 14 (124) 3,844
Subtotal 15 (930) 16,168
Foreign Debt Securities
United States - (21) 194
Government securities - (8) 120
US Treasury and other US Government agencies - (8) 120
States and political subdivisions - - -
Other debt securities - (13) 74
Other countries 12 (375) 5,769
Other foreign governments and other government agency debt securities 5 (327) 3,072
Other debt securities 7 (48) 2,697
Subtotal 12 (396) 5,963
Total 27 (1,326) 22,131
The decrease in the balance of the heading “Financial assets held for trading - Debt securities” in 2010 is
due, primarily, to the sale of securities and the changes in the valuations of these portfolios.
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