Balance Sheet at 31 December 2010 of BBVA

11. LOANS AND RECEIVABLES
11.1. BREAKDOWN OF THE BALANCE
The breakdown of the balance of this heading in the balance sheets as of December 31, 2010 and 2009,
based on the nature of the related financial instrument, is as follows:
Millions of Euros
Loans and Receivables 2010 2009
Loans and advances to credit institutions 28,882 27,863
Loans and advances to customers 234,031 228,491
Debt securities 1,365 1
Total 264,278 256,355
The increase in 2010 of the “Debt securities” item in the above table is mainly due to the reclassification of
some debt instruments issued by regional governments and registered under the heading "Available-for-sale
financial assets" in 2009.
11.2. LOANS AND ADVANCES TO CREDIT INSTITUTIONS
The breakdown of the balance of this heading in the balance sheets as of December 31, 2010 and 2009,
based on the nature of the related financial instrument, is as follows:
Millions of Euros
Loans and Advances to Credit Institutions 2010 2009
Reciprocal accounts 94 68
Deposits with agreed maturity 18,633 18,358
Demand deposits 948 1,027
Reverse repurchase agreements 4,840 4,427
Other financial assets 4,256 3,861
Impaired assets 76 84
Total gross 28,847 27,825
Valuation adjustments 35 38
Impairment losses (57) (60)
Accrued interest and fees 92 98
Hedging derivatives and others - -
Total 28,882 27,863
60