BBVA in 2012

SpainIncome statement(Million euros)Spain2012 ∆% 2011 2010Net interest income 4,836 10.1 4,391 4,898Net fees and commissions 1,607 10.0 1,461 1,673Net trading income (13) n.m. 11 3Other income/expenses 355 (23.6) 464 497Gross income 6,784 7.2 6,328 7,072Operating costs (2,818) 1.1 (2,787) (2,861)Personnel expenses (1,679) (0.5) (1,687) (1,723)General and administrative expenses (1,043) 4.0 (1,002) (1,040)Deprecation and amortization (96) (1.9) (98) (97)Operating income 3,967 12.0 3,541 4,211Impairment on financial assets (net) (1) (5,710) 233.6 (1,711) (1,321)Provisions (net) and other gains (losses) (1) (98) n.m. 68 236Income before tax (1,841) n.m. 1,897 3,127Income tax 575 n.m. (546) (914)Net income (1,267) n.m. 1,352 2,212Non-controlling interests (1) 106.4 (0) (3)Net attributable profit (1,267) n.m. 1,352 2,210Adjusted (2) (2,478) n.m. (128) 58Net attributable profit (adjusted) (2) 1,211 (18.2) 1,480 2,151(1) The third quarter of 2010 includes €223 million, respectively stemming from the sale-and-leaseback of retail branches, and their allocation to generic provisions for NPA for thesame amount.(2) In 2010, 2011 and 2012, impairment charge related to the deterioration of the real-estate sector in Spain.Balance sheet(Million euros)Spain31-12-12 ∆% 31-12-11 31-12-10Cash and balances with central banks 11,427 (14.5) 13,373 4,026Financial assets 77,867 12.9 68,974 62,438Loans and receivables 221,906 (1.6) 225,480 229,112Loans and advances to customers 200,568 (4.3) 209,543 213,768Loans and advances to credit institutions and others 21,338 33.9 15,937 15,344Inter-area positions - - - -Tangible assets 823 (8.9) 903 952Other assets 5,127 57.4 3,257 2,658Total assets/Liabilities and equity 317,151 1.7 311,987 299,186Deposits from central banks and credit institutions 52,274 17.2 44,592 29,242Deposits from customers 126,777 10.4 114,832 127,445Debt certificates 8,235 124.6 3,668 105Subordinated liabilities 2,986 (48.4) 5,788 5,600Inter-area positions 44,251 (32.4) 65,471 75,024Financial liabilities held for trading 53,157 9.9 48,351 34,757Other liabilities 17,360 (7.3) 18,727 16,914Economic capital allocated 12,110 14.7 10,558 10,100Spain135