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

Translation of consolidated financial statements originally issued in Spanish and prepared in accordance with EU-IFRSs, as adopted by
the European Union (See Note 1 and 60). In the event of a discrepancy, the Spanish-language version prevails.
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND COMPANIES COMPOSING THE BANCO BILBAO
VIZCAYA ARGENTARIA GROUP
CONSOLIDATED INCOME STATEMENTS FOR THE SIX-MONTH PERIODS ENDED
JUNE 30, 2010 AND 2009
(Notes 1 to 5)
Millions of Euros
Notes
June June
2010 2009 (*)
INTEREST AND SIMILAR INCOME 39 10,457 12,911
INTEREST AND SIMILAR EXPENSES 39 (3,520) (6,053)
NET INTEREST INCOME 6,937 6,858
DIVIDEND INCOME 40 257 248
SHARE OF PROFIT OR LOSS OF ENTITIES ACCOUNTED FOR
USING THE EQUITY METHOD 41 151 27
FEE AND COMMISSION INCOME 42 2,678 2,638
FEE AND COMMISSION EXPENSES 43 (406) (457)
NET GAINS (LOSSES) ON FINANCIAL ASSETS AND LIABILITIES 44 1,067 446
Financial instruments held for trading 490 136
Other financial instruments at fair value through profit or loss 18 29
Other financial instruments not at fair value through profit or loss 559 281
Rest - -
NET EXCHANGE DIFFERENCES 56 352
OTHER OPERATING INCOME 45 1,771 1,755
Income on insurance and reinsurance contracts 1,324 1,313
Financial income from non-financial services 296 229
Rest of other operating income 151 213
OTHER OPERATING EXPENSES 45 (1,631) (1,487)
Expenses on insurance and reinsurance contracts (942) (936)
Changes in inventories (259) (191)
Rest of other operating expenses (430) (360)
GROSS INCOME 10,880 10,380
ADMINISTRATION COSTS 46 (4,015) (3,734)
Personnel expenses (2,364) (2,291)
General and administrative expenses (1,651) (1,443)
DEPRECIATION AND AMORTIZATION 47 (365) (354)
PROVISIONS (NET) 48 (270) (152)
IMPAIRMENT LOSSES ON FINANCIAL ASSETS (NET) 49 (2,419) (1,945)
Loans and receivables (2,350) (1,869)
Other financial instruments not at fair value through profit or loss (69) (76)
NET OPERATING INCOME 3,811 4,195
(*) Presented for comparison purposes only.
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