BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND ... - BBVA

39.3. AVERAGE RETURN ON INVESTMENTS AND AVERAGE BORROWING COST
The breakdown on the average return on investments during the six months ended June 30, 2010 and 2009,
respectively, is as follows:
ASSETS
Average
Balances
Millions of Euros
June 2010 June 2009
Interest and
Similar Income
Interest Rates
(%)
Average
Balances
Interest and
Similar Income
Interest Rates
(%)
Cash and balances with central banks 19,703 115 1.17 17,760 150 1.71
Securities portfolio and derivatives 147,811 1,992 2.72 134,238 2,171 3.26
Loans and advances to credit institutions 25,965 241 1.87 27,569 440 3.22
Euros 16,604 93 1.13 16,466 264 3.23
Foreign currency 9,361 148 3.18 11,103 176 3.19
Loans and advances to customers 329,782 8,027 4.91 333,584 10,081 6.09
Euros 218,686 3,546 3.27 224,373 5,324 4.78
Foreign currency 111,096 4,481 8.13 109,211 4,757 8.78
Other finance income - 82 - - 69 -
Other assets 31,268 - - 32,199 - -
ASSETS/INTEREST AND SIMILAR INCOME 554,529 10,457 3.80 545,350 12,911 4.77
The average borrowing cost for the six months ended June 30, 2010 and 2009 was as follows:
LIABILITIES
Average
Balances
Millions of Euros
June 2010 June 2009
Interest and
Similar
Expenses
Interest Rates
(%)
Average
Balances
Interest and
Similar
Expenses
Interest Rates
(%)
Deposits from central banks and credit institutions 81,772 732 1.81 72,081 1,316 3.68
Euros 47,446 419 1.78 30,854 572 3.74
Foreign currency 34,327 313 1.84 41,227 744 3.64
Customer deposits 254,795 1,463 1.16 248,261 2,546 2.07
Euros 111,098 365 0.66 116,854 899 1.55
Foreign currency 143,696 1,098 1.54 131,407 1,647 2.53
Debt certificates and subordinated liabilities 123,896 1,138 1.85 123,203 1,920 3.14
Euros 90,076 790 1.77 94,067 1,482 3.18
Foreign currency 33,820 348 2.07 29,136 438 3.02
Other finance expenses - 186 - - 271 -
Other liabilities 62,291 - - 73,369 - -
Equity 31,775 - - 28,436 - -
LIABILITIES+EQUITY/INTEREST AND SIMILAR EXPENSES 554,529 3,520 1.28 545,350 6,053 2.24
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