BBVA in 2012

63CIB. NPA and coverage ratios(Percentage)145 14510910771CoverageratioNPA ratio0.80.90.6 0.61.5December March June September December20112012Net attributable profit has continued at similar levels to the previous year, at €1,049m.64 CIB. Net attributable profit(Million euros at constant exchage rates)1,1341,0501,049–0.1% (1)201020112012(1) At current exchange rates: +1.9%.Below are some of the highlights and most important transactions of the various CIB businessunits in 2012.Corporate financeIn the Corporate Finance unit, BBVA consolidated its position as leading financial adviser in theSpanish mergers and acquisitions (M&A) market, with a total of 55 deals since 2009, according toThomson Reuters. Of the transactions carried out in 2012, the following are worth highlighting: Theprivate placement of Cementos Portland, underwritten by Blackstone; the acquisition of 90% ofNaturgas Energa Transporte by Enags from EDP; the sale of Inima, the OHL environmental division,to the Korean group GS E&C; and the sale of Torre Picasso by FCC to Amancio Ortega.BBVA also plans to replicate in Latin America the success of the Corporate Finance unit in theSpanish market and has reinforced its teams in the region in recent years. The acquisition of SanMartn by ICA and of Soldexa by Colfax are worth highlighting in Latin America in 2012. BBVA hasbecome the second biggest financial adviser in the Peruvian M&A market in terms of transactionnumbers, according to Thomson Reuters.206 Business areas