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Financial Statements - Balance sheets - EUR (€)
€ in Millions
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Assets      
BBVA Cash Balance Available To The Date € 42,680 € 40,039 € 29,282
Total financial assets held for trading 64,695 74,950 78,326
Derivative financial assets held for trading 35,265 42,955 40,902
Equity Instruments Held For Trading 6,801 4,675 4,534
Debt Instruments Held For Trading 22,573 27,166 32,825
Loans and Advances to Central Banks Held for Trading 0 0 0
Loans And Advances To Banks Held For Trading 0 0 0
Loans and receivables Held For Trading 56 154 65
FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 2,709 2,062 2,311
Equity instruments at fair value 1,888 1,920 2,075
Debt Securities, at fair value 174 142 173
Loans and advances to central banks, at fair value 0 0 0
Loans and advances to credit institutions, at fair value 0 0 62
Loans And Advances To Customers At Fair Value 648 0 0
AVAILABLE-FOR-SALE FINANCIAL ASSETS 69,476 79,221 113,426
Equity instruments, available-for-sale 3,224 4,641 5,116
Subtotal Debt securities, available-for-sale 66,251 74,580 108,310
TOTAL LOANS AND RECEIVABLES 431,521 465,977 471,828
Debt Securities Loans and Advances 10,339 11,209 10,516
Loans and advances to central banks 7,300 8,894 17,830
Loans and advances to banks 26,261 31,373 29,317
Loans and Advances to customers 387,621 414,500 414,165
HELD-TO-MATURITY INVESTMENTS 13,754 [1] 17,696 0
HEDGING DERIVATIVES, ASSETS 2,485 2,833 3,538
FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK, ASSETS (25) 17 45
INVESTMENTS IN SUBSIDIARIES JOINT VENTURES AND ASSOCIATES 1,588 765 879
Joint ventures 256 229 243
Associates 1,332 536 636
INSURANCE OR REINSURANCE ASSETS 421 447 511
TANGIBLE ASSETS 7,191 8,941 9,944
Total Property, plant and equipment 6,996 8,250 8,477
For own use (PPE) 6,581 7,519 8,021
Assets leased out under an operating lease 415 732 456
Investment Property 195 691 1,467
INTANGIBLE ASSETS 8,464 9,786 10,052
Goodwill 6,062 6,937 6,915
Other intangible assets 2,402 2,849 3,137
TAX ASSETS 16,888 18,245 17,779
Current tax assets 2,163 1,853 1,901
Deferred tax assets 14,725 16,391 15,878
OTHER ASSETS 4,359 7,274 8,565
Insurance contracts linked to pensions 0 0 0
Inventories 229 3,298 4,303
Rest other assets 4,130 3,976 4,263
Non Current Assets Or Disposal Groups Clasified As Held For Sale 23,853 3,603 3,369
TOTAL ASSETS 690,059 731,856 749,855
LIABILITIES AND EQUITY      
FINANCIAL LIABILITIES HELD FOR TRADING 46,182 54,675 55,202
Derivative financial liabilities, held for trading 36,169 43,118 42,149
Short positions, held for trading 10,013 11,556 13,053
Deposits from central banks, held for trading 0 0 0
Deposits from credit institutions, held for trading 0 0 0
Customer deposits, held for trading 0 0 0
Debt certificates, held for trading 0 0 0
Other financial liabilities, held for trading 0 0 0
FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 2,222 2,338 2,649
Deposits from central banks, at fair value 0 0 0
Deposits from credit institutions, at fair value 0 0 0
Customer deposits, at fair value 0 0 0
Debt certificates, at fair value 0 0 0
Other financial liabilities, at fair value 2,222 2,338 2,649
FINANCIAL LIABILITIES AT AMORTIZED COST 543,714 589,210 606,113
Deposits from cental banks 37,054 34,740 40,087
Deposits from credit institutions 54,516 63,501 68,543
Customer deposits 376,379 401,465 403,362
Debt certificates, at amortized cost 63,915 76,375 81,980
Other financial liabilities, at amortized cost 11,850 13,129 12,141
HEDGING DERIVATIVES, LIABILITIES 2,880 2,347 2,726
FAIR VALUE CHANGES OF THE HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK, LIABILITIES (7) 0 358
LIABILITIES UNDER INSURANCE CONTRACTS 9,223 9,139 9,407
PROVISIONS 7,477 9,071 8,852
Pensions and other post employment defined Benefit Obligations [2] 5,407 6,025 6,299
Other long term employee benefits 67 69 68
Provisions for taxes and other legal contingencies 756 418 616
Provisions for contingent risks and commitments 578 950 714
Other Provisions [3] 669 1,609 1,155
TAX LIABILITIES 3,298 4,668 4,656
Current tax liabilities 1,114 1,276 1,238
Deferred tax liabilities 2,184 3,392 3,418
OTHER LIABILITIES 4,550 4,979 4,610
LIABILITIES INCLUDED IN DISPOSAL GROUPS CLASSIFIED AS HELD FOR SALE 17,197 0 0
TOTAL LIABILITIES 636,736 676,428 694,573
Shareholder's Funds 55,136 [4] 52,821 [5] 50,640
Capital 3,267 3,218 3,120
Paid up capital 3,267 3,218 3,120
Unpaid capital which has been called up 0 0 0
Profits or losses attributables to owners of the parent 3,519 3,475 2,642
Less: Interim dividends 1,043 [4] 1,510 [5] 1,352
Share Premium 23,992 [4] 23,992 [5] 23,992
Equity Instruments issued other than capital 0 0 0
Other equity 54 54 35
Retained Earnings 25,474 23,688 22,588
Revaluation reverse 12 20 22
Total Other Reserves (44) (67) (98)
Reserves or accumulated losses of investments in subsidaries, joint ventures and associates (44) (67) (98)
Other Reserves, other 0 0 0
Less: Treasury shares 96 48 309
Accumulated Other Comprehensive Income (8,792) (5,458) (3,349)
Items that will not be reclassified to profit or loss balance (1,183) (1,095) (859)
Actuarial gains or (-) losses on defined benefit pension plans (1,183) (1,095) (859)
Non-current assets and disposal groups classified as held for sale (not reclassified) 0 0 0
Share of other recognized income and expense of investments in subsidiaries, joint ventures and associates 0 0 0
Other adjustments 0 0 0
Items that may be reclasified to profit or loss (7,609) (4,363) (2,490)
Hedge of net investments in foreign operations(effective portion) 1 (118) (274)
Foreign currency translation balance (9,159) (5,185) (3,905)
Hedging derivatives.Cash flow hedges(efffective portion) (34) 16 (49)
Available-for-sale financial assets balance 1,641 947 1,674
Non-current assets and disposal groups classified as held for sale (26) 0 0
Share of other recognized income and expense of investments in subsidiaries joint ventures and associates (31) (23) 64
MINORITY INTERESTS (NON-CONTROLLING INTEREST) 6,979 8,064 7,992
Valuation adjustments (3,378) (2,246) (1,333)
Rest non-controlling interest 10,358 10,310 9,325
TOTAL EQUITY 53,323 [4] 55,428 [5] 55,282
TOTAL EQUITY AND LIABILITIES € 690,059 € 731,856 € 749,855
[1]

(* ) As of December 31, 2015 the Group BBVA has not registered any balances in this heading.

[2]

(3) Recorded under the heading “Provisions - Provisions fo r pensions and similar obligations” of the consolidated balance sheet (see Note 24).

[3]

During the year 2015 and 2016, provisions corresponding to different concepts and different geographies that are not individually significant individually, except originated of the Purchase Price Agreement of Catalunya Banc and Garanti Group (see Note 18.1).

[4]

Includes updates on the calculation of Structural FX RWA, pending confirmation by ECB and the subordinated debt (Tier2) issued by Garanti pending a pproval by ECB.

[5]

Figures originally reported in the Prudential Relevance Report corresponding to the year 2016, without restatements .