BBVA in 2012

Consolidated income statement(Million euros)2012 Δ%Δ% at constantexchange rates 2011 2010Net interest income 15,122 15.0 11.0 13,152 13,316Net fees and commissions 4,353 8.0 4.9 4,031 4,034Net trading income 1,767 19.3 15.3 1,481 1,827Dividend income 390 (30.6) (30.9) 562 529Income by the equity method 727 22.1 22.1 595 331Other operating income and expenses 82 (60.3) (53.1) 206 297Gross income 22,441 12.1 8.7 20,028 20,333Operating costs (10,786) 10.8 7.6 (9,737) (8,761)Personnel expenses (5,662) 9.1 6.2 (5,191) (4,698)General and administrative expenses (4,106) 10.8 7.4 (3,707) (3,309)Depreciation and amortization (1,018) 21.4 17.2 (839) (754)Operating income 11,655 13.3 9.8 10,290 11,573Impairment on financial assets (net) (7,980) 88.8 84.6 (4,226) (4,718)Provisions (net) (651) 28.2 25.6 (509) (475)Other gains (losses) (1,365) (35.3) (38.8) (2,110) (320)Income before tax 1,659 (51.9) (53.2) 3,446 6,059Income tax 275 n.m. n.m. (206) (1,345)Net income from ongoing operations 1,934 (40.3) (41.9) 3,240 4,714Net income from discontinued operations 393 59.8 50.3 245 281Net income 2,327 (33.2) (35.1) 3,485 4,995Non-controlling interests (651) 35.3 24.2 (481) (389)Net attributable profit 1,676 (44.2) (45.3) 3,004 4,606Adjusted (1) (2,730) - - (1,501) (266)Net attributable profit (adjusted) (1) 4,406 (2.2) (5.2) 4,505 4,872Basic earnings per share (euros) 0.32 0.62 1.10Basic earnings per share adjusted (euros) (1) 0.82 0.92 1.16(1) In 2011, during the fourth quarter, US goodwill imparment charge. In 2010, 2011 and 2012, impairment charge related to the deterioration of the real-estate sector in Spain. And in2012, impact of Unnim badwill.66 Group financial information