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

• 2010-2012 plan
In May 2010, the Remuneration Committee of BBVA Compass approved a new long-term share-based
remuneration plan solely for members of the executive team of BBVA Compass and its affiliates, for the
period 2010-2012, with the completion date on December 31, 2012.
The total number of “units” assigned to the beneficiaries of this plan was 986,542.
During the period of operation of each of the schemes mentioned above, the sum of the commitment to be
accounted for at the date of the accompanying consolidated financial statements was obtained by multiplying
the number of "units" assigned by the expected share price and the expected value of the coefficient, both
estimated at the date of the entry into force of each of the schemes.
The cost of these programs/plans is broken up throughout their operational life. The expense registered for
these programs/plans for the six months between January 1 and June 30, 2010 amounted to €14 million and
is recognized under the heading “Personnel expenses – Other” in the Group’s accompanying consolidated
income statement for the first half of 2010, with a charge to “Stockholders' Funds - Other equity instruments”
in the accompanying consolidated balance sheet as of June 30, 2010, net of tax effect.
46.2 GENERAL AND ADMINISTRATIVE EXPENSES
The breakdown of the balance under this heading in the accompanying consolidated income statements was
as follows:
Millions of Euros
General and Administrative Expenses.
Breakdown by main concepts
June
2010
June
2009
Technology and systems 292 279
Communications 137 128
Advertising 162 127
Property, fixtures and materials 369 309
Of which:
Rent expenses (*) 194 141
Taxes 145 129
Other administration expenses 546 471
Total 1,651 1,443
(*) The consolidated companies do not expect to terminate the lease contracts early.
47. DEPRECIATION AND AMORTIZATION
The breakdown of the balance under this heading in the accompanying consolidated income statements was
as follows:
Millions of Euros
Depreciation and Amortization
Notes
June June
2010 2009
Tangible assets 19 226 232
For own use 215 222
Investment properties 8 6
Operating lease 3 4
Other Intangible assets 20.2 139 122
Total 365 354
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