BBVA in 2012

These figures mean that the mix of customer funds continues to maintain a profitable structure. Atotal of 77% of all deposit gathering was in low-cost deposits, while the remaining 23% was in timedeposits.32 Mexico. Structure of customer funds. Deposit gathering (1)(Percentage)December 2011December 2012Current and savingsaccounts 26Current and savingsaccounts23Time deposits74Time deposits77(1) Including current and saving accounts, time deposits both in local currency and dollar.Earnings2012 was a year in which investment in Mexico continued to take advantage of marketopportunities in order to maintain a sound financial position.Net interest income in the area amounted to €4,164m, 7.8% up on 2011. The activity volume,combined with good price management, have offset the impact of low interest rates throughoutthe year. As a result, despite the interest-rate environment mentioned above, profitability, calculatedas the net interest income over average total assets, showed a stable trend.33 Mexico. Net interest income over ATA(Percentage)5.55.45.35.55.65.45.15.2654321MarchJuneSeptemberDecemberMarchJuneSeptemberDecember02011 2012Income from fees and commissions increased by 4.0% to €1,087m, due to increased transactionsby customers with credit and debit cards, and a higher volume of assets under management inmutual funds. In contrast, NTI registered a fall because of the comparison with the high level ofincome in 2011. The trend in other income and expenses continued to be positive, thanks aboveall to the favorable performance of the insurance business. As a result of the above, gross incomewas €5,758m, 5.8% up on the figure for 2011.164 Business areas