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

More documents

Recommendations

Info

The changes in the six months ended June 30, 2010 in the balance of Level 3 financial assets and liabilities were as follows: Millions of Euros June 2010 Financial Assets Level 3 Changes in the Period Assets Liabilities Balance at beginning 1,707 96 Valuation adjustments recognized in the income statement (69) 2 Valuation adjustments not recognized in the income statement (2) - Acquisitions, disposals and liquidations (220) - Transfers to/from Level 3 24 - Exchange differences 3 - Balance at the end 1,442 98 As of June 30, 2010, the potential effect on the valuation of Level 3 financial instruments of a change in the main assumptions if other reasonable models, more or less favorable, were used, taking the highest or lowest value of the range deemed probable, would have the following effect: Financial Assets Level 3 Sensitivity Analysis Potential Impact on Consolidated Income Most Favorable Hypotheses Millons of Euros June 2010 Least Favorable Hypotheses Potential Impact on Total Equity Most Favorable Hypotheses Least Favorable Hypotheses ASSETS Financial assets held for trading 36 (95) - - Available-for-sale financial assets - - 26 (46) Hedging derivatives - - - - LIABILITIES- Financial liabilities held for trading 6 (6) - - Total 42 (101) 26 (46) Loans and financial liabilities at fair value through profit or loss As of June 30, 2010 and December 31, 2009, there were no loans or financial liabilities at fair value other than those recognized in the headings "Other financial assets designated at fair value through profit and loss" and "Other financial liabilities designated at fair value through profit and loss" in the accompanying consolidated balance sheets. Financial instruments at cost The Group had equity instruments, derivatives with equity instruments as underlyings and certain discretionary profit sharing arrangements that were recognized at cost in Group’s consolidated balance sheet, as their fair value could not be reliably determined. As of June 30, 2010 and December 31, 2009, the balance of these financial instruments amounted to €609 million and €589 million, respectively. These instruments are recorded for both dates in the available-for-sale financial assets portfolio. The fair value of these instruments could not be reliably estimated because it corresponds to shares in companies not quoted on organized exchanges, and any valuation technique that could be used would contain significant unobservable inputs. The breakdown of the sales of financial instruments at cost for the six months ended 30, 2010 is as follows: Millons of Euros June 2010 Carrying Amount at Amount of Sale Gains/Losses Sale Date Sales of financial instruments at cost 14 9 5 68
9. CASH <strong>AND</strong> BALANCES WITH CENTRAL BANKS The breakdown of the balance of the headings “Cash and balances with central banks” and “Deposits from central banks” in the accompanying consolidated balance sheets was as follows: Millions of Euros Cash and Balances with Central Banks June December 2010 2009 Cash 3,355 4,218 Balances at the Central Banks 18,933 12,113 Accrued interests 10 13 Total 22,298 16,344 Millions of Euros Deposits from Central Banks June December 2010 2009 Deposits from Central Banks 32,011 21,096 Accrued interest until expiration 143 70 Total 32,154 21,166 10. FINANCIAL ASSETS <strong>AND</strong> LIABILITIES HELD FOR TRADING 10.1. BREAKDOWN OF THE BALANCE The breakdown of the balance of these headings in the accompanying consolidated balance sheets was as follows: Financial Assets and Liabilities Held-for-Trading Millions of Euros June 2010 December 2009 ASSETS- Loans and advances to credit institutions - - Loans and advances to customers - - Debt securities 24,863 34,672 Equity instruments 5,537 5,783 Trading derivatives 42,930 29,278 Total 73,330 69,733 LIABILITIES- Trading derivatives 39,801 29,000 Short positions 3,933 3,830 Total 43,734 32,830 69
Page 1:
BANCO BILBAO VIZCAYA ARGENTARIA, S.
Page 4 and 5:
27. COMMON STOCK...................
Page 6 and 7:
Translation of consolidated financi
Page 8 and 9:
Millions of Euros LIABILITIES AND E
Page 10 and 11:
Millions of Euros June June Notes 2
Page 12 and 13:
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
The BBVA Group ICFR Model is summar
Page 20 and 21: 2.2. ACCOUNTING POLICIES AND VALUAT
Page 22 and 23: - Other financial instruments The f
Page 24 and 25: In the case of unsecured transactio
Page 26 and 27: 2.2.2. TRANSFERS AND DERECOGNITION
Page 28 and 29: The fair value of non-current asset
Page 30 and 31: 2.2.7. BUSINESS COMBINATIONS The re
Page 32 and 33: insurees, as the case may be, based
Page 34 and 35: • The discount rate used is deter
Page 36 and 37: 2.2.16. FOREIGN CURRENCY TRANSACTIO
Page 38 and 39: 2.2.22. CONSOLIDATED STATEMENTS OF
Page 40 and 41: IFRIC 17 - Distributions of non-cas
Page 42 and 43: The Group’s activity is mainly lo
Page 44 and 45: Changes in the Group The most signi
Page 46 and 47: - In the denominator, the average n
Page 48 and 49: The breakdown of the consolidated n
Page 50 and 51: Management & Asset Allocation, Risk
Page 52 and 53: Maximum exposure to credit risk The
Page 54 and 55: debtors includes mortgages, cash gu
Page 56 and 57: Policies and procedures for prevent
Page 58 and 59: December 2009 Less than 6 Months Pa
Page 60 and 61: 7.2 MARKET RISK a) Market Risk Mark
Page 62 and 63: Below are the average interest rate
Page 64 and 65: 7.4. RISK CONCENTRATIONS Below is p
Page 66 and 67: Determining the fair value of finan
Page 68 and 69: Financial Instruments LEVEL 2 Valua
Page 72 and 73: 10.2. DEBT SECURITIES The breakdown
Page 74 and 75: 11. OTHER FINANCIAL ASSETS DESIGNAT
Page 76 and 77: 12.3. EQUITY INSTRUMENTS The breakd
Page 78 and 79: 13.2. LOANS AND ADVANCES TO CREDIT
Page 80 and 81: Millions of Euros December 2009 Amo
Page 82 and 83: December 2009 Currency Risk Interes
Page 84 and 85: 17.1. ASSOCIATES The following tabl
Page 86 and 87: 17.3. INFORMATION ABOUT ASSOCIATES
Page 88 and 89: The main activity of the Group is c
Page 90 and 91: 21.3 RECONCILIATION The reconciliat
Page 92 and 93: 23. FINANCIAL LIABILITIES AT AMORTI
Page 94 and 95: Millions of Euros December 2009 Dem
Page 96 and 97: The item “Subordinated Liabilitie
Page 98 and 99: The breakdown of the commitments pe
Page 100 and 101: June 30, 2010 and December 31, 2009
Page 102 and 103: Post-employments Benefits in Spain
Page 104 and 105: Post-Employment Actuarial Hypothesi
Page 106 and 107: during which to increase the common
Page 108 and 109: Reserves Assigned to the Consolidat
Page 110 and 111: Millions of Euros Valuation Adjustm
Page 112 and 113: on equity (ROE) by each business; a
Page 114 and 115: 39. INTEREST, INCOME AND SIMILAR EX
Page 116 and 117: 39.3. AVERAGE RETURN ON INVESTMENTS
Page 118 and 119: 41. SHARE OF PROFIT OR LOSS OF ENTI
Page 120 and 121:
45. OTHER OPERATING INCOME AND EXPE
Page 122 and 123:
linked to the movement of the Total
Page 124 and 125:
48. PROVISIONS (NET) The net allowa
Page 126 and 127:
The table below breaks down the mai
Page 128 and 129:
The amount disposed of the loans gr
Page 130 and 131:
BBVA executive team. It is to end o
Page 132 and 133:
Commission (CNMV) announced the lif
Page 134 and 135:
APPENDIX I. FINANCIAL STATEMENTS OF
Page 136 and 137:
Millions of Euros LIABILITIES AND E
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Millions of Euros (Continued) June
Page 144 and 145:
APPENDIX II. Additional information
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
APPENDIX III. Additional informatio
Page 154 and 155:
APPENDIX V. Changes and notificatio
Page 156 and 157:
APPENDIX VI. Fully consolidated sub
Page 158 and 159:
APPENDIX VIII. Breakdown of the mos
Page 160 and 161:
Outsanding as of June 30, 2010 of S
Page 162 and 163:
APPENDIX IX. Consolidated balance s
Page 164 and 165:
Diluted earnings per share Early re
Page 166 and 167:
Other financial assets/liabilities
Page 168 and 169:
Page 170 and 171:
The explanations of the changes in
Page 172 and 173:
4. SUMMARIZED INTERIM CONSOLIDATED
Page 174 and 175:
Spain and Portugal Millions of Euro
Page 176 and 177:
Mexico Millions of Euros Mexico Jun
Page 178 and 179:
South America Millions of Euros Sou
Page 180 and 181:
The United States Millions of Euros
Page 182 and 183:
Wholesale Banking and Asset Managem
Page 184 and 185:
The changes in the principal headin
Page 186 and 187:
Aggregating Tier I and Tier II, as
show all

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

Create successful ePaper yourself

Delete template?

Save as template?