The following are the condensed consolidated balance sheet, condensed consolidated profit and loss accounts, and condensed consolidated cash flow statements for the Polish business for sale: Condensed balance sheets of companies held for sale - Santander Bank Polska | | | | | | | EUR million | | Condensed assets | 30-06-2025 | | Cash, cash balances at central banks and other deposits on demand | 2,451 | | Financial assets held for trading | 1,793 | | Financial assets designated at fair value through other comprehensive income | 6,798 | | Financial assets at amortised cost | 51,424 | | Intangible assets | 1,374 | | Tax assets | 900 | | Other assets | 1,156 | | TOTAL ASSETS | 65,896 |
| | | | | | | EUR million | | Condensed liabilities | 30-06-2025 | | Financial liabilities held for trading | 989 | | Financial liabilities at amortised cost | 56,420 | | Provisions | 541 | | Tax liabilities | 940 | | Other liabilities | 471 | | TOTAL LIABILITIES | 59,361 |
| | | | | | | EUR million | | Other comprehensive income | 30-06-2025 | | Items that will not be reclassified to profit or loss | 50 | | Actuarial gains or losses on defined benefit pension plans | 1 | | Changes in the fair value of equity instruments measured at fair value through other comprehensive income | 49 | | Items that may be reclassified to profit or loss | (636) | | Hedges of net investments in foreign operations (effective portion) | (524) | | Exchange differences | (179) | | Cash flow hedges (effective portion) | 83 | | Debt instruments at fair value with changes in other comprehensive income | (5) | | Share in other income and expenses recognised in investments, joint ventures and associates | (11) |
Condensed income statements of companies held for sale - Santander Bank Polska | | | | | | | | | | EUR million | | Condensed consolidated income statements | 01-01-2025 to
30-06-2025 | 01-01-2024 to
30-06-2024 | | Interest income | 1,505 | 1,401 | | Dividend income | 3 | 3 | | Investments accounted for using the equity method | 14 | 12 | | Net commissions | 342 | 315 | | Net trading income | 37 | 26 | | Other operating results | (73) | (77) | | Total income | 1,828 | 1,680 | | Administrative expenses, depreciation and amortisation cost | (501) | (430) | Loan-loss provisions (*) | (121) | (302) | | Other results and provisions | (243) | (164) | | Profit before taxes | 963 | 784 | | Tax expense | (237) | (209) | | Profit of the year | 726 | 575 |
(*) Of which EUR 63 million correspond to renegotiations or contractual modifications at 30 June 2025 (EUR 194 million at 30 June 2024). Condensed statements of cash flows of companies held for sale - Santander Bank Polska | | | | | | | | | | EUR million | | Condensed consolidated statements of cash flows | 30-06-2025 | 31-12-2024 | | A) Cash flows from operating activities | 430 | 453 | | B) Cash flows from investing activities | (11) | (30) | | C) Cash flows from financing activities | (466) | (376) | | D) Effect of foreign exchange rate differences | 9 | 14 | | E) Net increase/(decrease) in cash and cash equivalents | (38) | 61 |
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