BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND ... - BBVA
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND ... - BBVA
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. AND ... - BBVA
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
23. FINANCIAL LIABILITIES AT AMORTIZED COST<br />
The breakdown of the balance of this heading in the accompanying consolidated balance sheets was as<br />
follows:<br />
Millions of Euros<br />
Financial Liabilities at Amortized Cost<br />
June December<br />
2010 2009<br />
Deposits from central banks (Note 9) 32,154 21,166<br />
Deposits from credit institutions 62,575 49,146<br />
Customer deposits 257,830 254,183<br />
Debt certificates 86,407 99,939<br />
Subordinated liabilities 18,988 17,878<br />
Other financial liabilities 8,375 5,624<br />
Total 466,329 447,936<br />
As of June 30, 2010, the heading “Other financial liabilities" from the table above included the agreed<br />
dividend payable by <strong>BBVA</strong> but pending payment (see Note 4). This is the first interim dividend against 2010<br />
results, and was paid as of July 10, 2010. As of December 31, 2009, this heading included the interim<br />
dividend agreed and pending payment (see Note 4) corresponding to the third interim dividend for 2009 paid<br />
as of January 10, 2010.<br />
23.1. DEPOSITS FROM CENTRAL BANKS<br />
The breakdown of the balance under this heading in the accompanying consolidated balance sheets is<br />
presented in Note 9.<br />
23.2. DEPOSITS FROM CREDIT INSTITUTIONS<br />
The breakdown of the balance of this heading in the consolidated balance sheets, according to the nature of<br />
the financial instruments, was as follows:<br />
Millions of Euros<br />
Deposits from Credit Institutions<br />
June December<br />
2010 2009<br />
Reciprocal accounts 475 68<br />
Deposits with agreed maturity 38,343 30,608<br />
Demand deposits 1,335 1,273<br />
Other accounts 1,041 733<br />
Repurchase agreements 21,242 16,263<br />
Subtotal 62,436 48,945<br />
Accrued interest until expiration 139 201<br />
Total 62,575 49,146<br />
The breakdown by geographical area and the nature of the related instruments of this heading, disregarding<br />
valuation adjustments, was as follows:<br />
Millions of Euros<br />
June 2010<br />
Demand Deposits<br />
Deposits with<br />
Agreed Maturity<br />
Repos<br />
Total<br />
Spain 1,072 7,037 1,859 9,968<br />
Rest of Europe 327 20,117 11,099 31,543<br />
United States 95 6,757 794 7,646<br />
Latin America 295 2,877 7,490 10,662<br />
Rest of the world 21 2,596 - 2,617<br />
Total 1,810 39,384 21,242 62,436<br />
90
Change language