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

19. TANGIBLE ASSETS
The breakdown of the balance of this heading in the accompanying consolidated balance sheets, according
to the nature of the related items, is as follows:
Tangible Assets. Breakdown by Type of Asset
Cost Value, Amortizations and Depreciations
Millions of euros
June December
2010 2009
Property, plants and equipment
For own use
Land and Buildings 3,492 2,989
Work in Progress 139 182
Furniture, Fixtures and Vehicles 5,371 5,599
Accrued depreciation (4,515) (4,569)
Impairment (21) (19)
Subtotal 4,466 4,182
Assets leased out under an operating lease
Assets leased out under an operating lease 1,002 988
Accrued depreciation (265) (265)
Impairment (22) (32)
Subtotal 715 691
Subtotal 5,181 4,873
Investment properties
Building rental 1,785 1,793
Rest 11 10
Accrued depreciation (59) (52)
Impairment (171) (117)
Subtotal 1,566 1,634
Total 6,747 6,507
The balance under the heading "Investment properties" includes mainly the rented buildings of the real
estate fund BBVA Propiedad F.I.I. (see Appendix II).
The following table shows the detail of the net carrying amount of the tangible assets corresponding to
Spanish or foreign entities as of June 30, 2010 and December 31, 2009:
Millions of Euros
Tangible Assets by Spanish and Foreign Subsidiaries
Net Assets Values
June
2010
December
2009
Foreign subsidiaries 2,824 2,473
BBVA and Spanish subsidiaries 3,923 4,034
Total 6,747 6,507
The amount of tangible assets under financial lease schemes on which it is expected to exercise the
purchase option was insignificant as of June 30, 2010 and December 31, 2009.
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