Balance Sheet at 31 December 2010 of BBVA
Balance Sheet at 31 December 2010 of BBVA
Balance Sheet at 31 December 2010 of BBVA
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Transl<strong>at</strong>ion <strong>of</strong> financial st<strong>at</strong>ements originally issued in Spanish and prepared in accordance with generally accounting principles Spain<br />
(See Note 1 and 54). In the event <strong>of</strong> a discrepancy, the Spanish-language version prevails.<br />
BANCO BILBAO VIZCAYA ARGENTARIA, S.A.<br />
BALANCE SHEETS AS OF DECEMBER <strong>31</strong>, <strong>2010</strong> AND 2009 (Notes 1 to 4)<br />
Millions <strong>of</strong> Euros<br />
ASSETS Notes <strong>2010</strong> 2009 (*)<br />
CASH AND BALANCES WITH CENTRAL BANKS 7 4,165 3,286<br />
FINANCIAL ASSETS HELD FOR TRADING 8 51,348 57,532<br />
Loans and advances to credit institutions - -<br />
Loans and advances to customers - -<br />
Debt securities 13,016 22,833<br />
Equity instruments 4,608 4,996<br />
Trading deriv<strong>at</strong>ives 33,724 29,703<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral 8,669 12,665<br />
OTHER FINANCIAL ASSETS DESIGNATED AT FAIR VALUE<br />
THROUGH PROFIT OR LOSS 9 - -<br />
Loans and advances to credit institutions - -<br />
Loans and advances to customers - -<br />
Debt securities - -<br />
Equity instruments - -<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - -<br />
AVAILABLE-FOR-SALE FINANCIAL ASSETS 10 26,712 35,964<br />
Debt securities 22,1<strong>31</strong> 30,610<br />
Equity instruments 4,581 5,354<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral 5,901 23,777<br />
LOANS AND RECEIVABLES 11 264,278 256,355<br />
Loans and advances to credit institutions 28,882 27,863<br />
Loans and advances to customers 234,0<strong>31</strong> 228,491<br />
Debt securities 1,365 1<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral 42,333 40,040<br />
HELD-TO-MATURITY INVESTMENTS 12 9,946 5,437<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - 1,178<br />
FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO<br />
HEDGES OF INTEREST RATE RISK 13 40 -<br />
HEDGING DERIVATIVES 13 2,988 3,082<br />
NON-CURRENT ASSETS HELD FOR SALE 14 958 570<br />
INVESTMENTS IN ENTITIES ACCOUNTED FOR USING THE<br />
EQUITY METHOD 15 24,368 22,120<br />
Associ<strong>at</strong>es 3,612 2,296<br />
Jointly controlled entities 14 17<br />
Subsidiaries 20,742 19,807<br />
INSURANCE CONTRACTS LINKED TO PENSIONS 22 1,847 1,883<br />
TANGIBLE ASSETS 16 1,459 1,464<br />
Property, plants and equipment 1,458 1,461<br />
For own use 1,458 1,461<br />
Other assets leased out under an oper<strong>at</strong>ing lease - -<br />
Investment properties 1 3<br />
Memorandum item: Loaned or advanced as coll<strong>at</strong>eral - -<br />
INTANGIBLE ASSETS 17 410 246<br />
Goodwill - -<br />
Other intangible assets 410 246<br />
TAX ASSETS 18 3,161 3,188<br />
Current 324 448<br />
Deferred 2,837 2,740<br />
OTHER ASSETS 19 4<strong>31</strong> 718<br />
TOTAL ASSETS 392,111 391,845<br />
(*) Presented for comparison purposes only<br />
The accompanying Notes 1 to 53 and Appendices I to XV are an integral part <strong>of</strong> the balance sheet as<br />
<strong>of</strong> <strong>December</strong> <strong>31</strong>, <strong>2010</strong>.<br />
4