v3.25.2
Condensed Consolidated Balance Sheets - EUR (€)
€ in Millions
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
CASH, CASH BALANCES AT CENTRAL BANKS AND OTHER DEPOSITS ON DEMAND € 175,555 € 192,208
FINANCIAL ASSETS HELD FOR TRADING 234,834 230,253
NON-TRADING FINANCIAL ASSETS MANDATORILY AT FAIR VALUE THROUGH PROFIT OR LOSS 5,724 6,130
FINANCIAL ASSETS DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS 8,791 7,915
FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME 75,801 89,898
FINANCIAL ASSETS AT AMORTISED COST 1,148,957 1,203,707
HEDGING DERIVATIVES 4,628 5,672
CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RISK 53 (704)
INVESTMENTS 7,191 7,277
Joint venture entities 1,929 2,061
Associated entities 5,262 5,216
ASSETS UNDER REINSURANCE CONTRACTS 228 222
TANGIBLE ASSETS 28,997 32,087
Property, plant and equipment 28,174 31,212
Investment properties 823 875
INTANGIBLE ASSETS 17,249 19,259
Goodwill 11,960 13,438
Other intangible assets 5,289 5,821
TAX ASSETS 28,003 30,596
Current tax assets 9,516 11,426
Deferred tax assets 18,487 19,170
OTHER ASSETS 11,167 8,559
Insurance contracts linked to pensions 73 81
Inventories 6 6
Other 11,088 8,472
NON-CURRENT ASSETS HELD FOR SALE 68,710 4,002
TOTAL ASSETS 1,815,888 1,837,081
LIABILITIES    
FINANCIAL LIABILITIES HELD FOR TRADING 155,682 152,151
FINANCIAL LIABILITIES DESIGNATED AT FAIR VALUE THROUGH PROFIT OR LOSS (**) 35,513 36,360
FINANCIAL LIABILITIES AT AMORTISED COST 1,400,632 1,484,322
HEDGING DERIVATIVES 4,431 4,752
CHANGES IN THE FAIR VALUE OF HEDGED ITEMS IN PORTFOLIO HEDGES OF INTEREST RATE RISK 70 (9)
LIABILITIES UNDER INSURANCE CONTRACTS 18,343 17,829
PROVISIONS 8,098 8,407
TAX LIABILITIES 8,911 9,598
Current tax liabilities 3,099 3,322
Deferred tax liabilities 5,812 6,276
OTHER LIABILITIES 15,862 16,344
LIABILITIES ASSOCIATED WITH NON-CURRENT ASSETS HELD FOR SALE 59,361 0
TOTAL LIABILITIES 1,706,903 1,729,754
SHAREHOLDERS´ EQUITY    
SHAREHOLDERS´ EQUITY 138,066 135,196
CAPITAL 7,443 7,576
Called up paid capital 7,443 7,576
Unpaid capital which has been called up 0 0
SHARE PREMIUM 38,492 40,079
EQUITY INSTRUMENTS ISSUED OTHER THAN CAPITAL 0 0
Equity component of the compound financial instrument 0 0
Other equity instruments issued 0 0
OTHER EQUITY 271 217
ACCUMULATED RETAINED EARNINGS 91,954 82,326
REVALUATION RESERVES 0 0
OTHER RESERVES (6,922) (5,976)
(-) OWN SHARES (5) (68)
PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF THE PARENT 6,833 12,574
(-) INTERIM DIVIDENDS 0 (1,532)
OTHER COMPREHENSIVE INCOME (LOSS) (37,565) (36,595)
Items not reclassified to profit or loss (4,060) (4,757)
Items that may be reclassified to profit or loss (33,505) (31,838)
NON-CONTROLLING INTEREST 8,484 8,726
Other comprehensive income (2,032) (2,020)
Other items 10,516 10,746
TOTAL EQUITY 108,985 107,327
TOTAL LIABILITIES AND EQUITY 1,815,888 1,837,081
Pension and other post-retirement obligations    
LIABILITIES    
PROVISIONS 1,652 1,731
Other long term employee benefits    
LIABILITIES    
PROVISIONS 984 915
Taxes and other legal contingencies    
LIABILITIES    
PROVISIONS 2,768 2,717
Contingent liabilities and commitments    
LIABILITIES    
PROVISIONS 653 710
Other provisions    
LIABILITIES    
PROVISIONS 2,041 2,334
Loan commitments granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 302,446 302,861
Financial guarantees granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 18,251 16,901
Other commitments granted    
SHAREHOLDERS´ EQUITY    
MEMORANDUM ITEMS: OFF BALANCE SHEET AMOUNTS 143,921 134,493
For own-use    
ASSETS    
Property, plant and equipment 11,967 12,636
Leased out under an operating lease    
ASSETS    
Property, plant and equipment 16,207 18,576
Investment properties € 649 € 749