| Disclosure of changes in tangible assets in the consolidated balance sheets |
The changes in Tangible assets in the consolidated balance sheets were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | EUR million | | Tangible assets | | Of which:
For leasing | | For own use | Leased out under
an operating
lease | Investment
property | Total | | For own use | Leased out under
an operating
lease | Investment
property | Total | | Cost | | | | | | | | | | | Balance at 1 January 2023 | 26,570 | | 25,166 | | 1,580 | | 53,316 | | | 4,692 | | — | | — | | 4,692 | | | Additions / disposals (net) due to change in the scope of consolidation | 11 | | 37 | | — | | 48 | | | (13) | | — | | — | | (13) | | | Additions / disposals (net) | 1,122 | | 742 | | (34) | | 1,830 | | | 125A | — | | — | | 125 | | | Transfers, exchange differences and other items | (1,460) | | (641) | | 30 | | (2,071) | | | 33 | | — | | — | | 33 | | | Balance at 31 December 2023 | 26,243 | | 25,304 | | 1,576 | | 53,123 | | | 4,837 | | — | | — | | 4,837 | | | Additions / disposals (net) due to change in the scope of consolidation | 28 | | (1,192) | | — | | (1,164) | | | — | | — | | — | | — | | | Additions / disposals (net) | 730 | | (1,716) | | (17) | | (1,003) | | | 179A | — | | — | | 179 | | | Transfers, exchange differences and other items | (1,345) | | 1,003 | | (104) | | (446) | | | (235) | | — | | — | | (235) | | | Balance at 31 December 2024 | 25,656 | | 23,399 | | 1,455 | | 50,510 | | | 4,781 | | — | | — | | 4,781 | | | Additions / disposals (net) due to change in the scope of consolidation | 4 | | — | | 7 | | 11 | | | — | | — | | — | | — | | | Additions / disposals (net) | 326 | | (2,603) | | (58) | | (2,335) | | | (40)A | — | | — | | (40) | | | Transfers, exchange differences and other items | (1,845) | | (1,743) | | 188 | | (3,400) | | | (450) | | — | | — | | (450) | | | Balance at 31 December 2025 | 24,141 | | 19,053 | | 1,592 | | 44,786 | | | 4,291 | | — | | — | | 4,291 | | | | | | | | | | | | | Accumulated depreciation | | | | | | | | | | Balances at 1 January 2023 | (12,892) | | (5,578) | | (172) | | (18,642) | | | (2,265) | | — | | — | | (2,265) | | | Disposals due to change in the scope of consolidation | 7 | | — | | — | | 7 | | | 7 | | — | | — | | 7 | | | Disposals | 284 | | 2,540 | | — | | 2,824 | | | 160 | | — | | — | | 160 | | | Charge for the year | (1,689) | | — | | (11) | | (1,700) | | | (580) | | — | | — | | (580) | | | Transfers, exchange differences and other items | 1,653 | | (2,744) | | (16) | | (1,107) | | | 69 | | — | | — | | 69 | | Balance at 31 December 2023 | (12,637) | | (5,782) | | (199) | | (18,618) | | | (2,609) | | — | | — | | (2,609) | | | Disposals due to change in the scope of consolidation | — | | 686 | | — | | 686 | | | — | | — | | — | | — | | | Disposals | 672 | | 3,214 | | — | | 3,886 | | | 196 | | — | | — | | 196 | | | Charge for the year | (1,544) | | — | | (9) | | (1,553) | | | (460) | | — | | — | | (460) | | | Transfers, exchange differences and other items | 890 | | (2,902) | | 46 | | (1,966) | | | 59 | | — | | — | | 59 | | Balance at 31 December 2024 | (12,619) | | (4,784) | | (162) | | (17,565) | | | (2,814) | | — | | — | | (2,814) | | | Disposals due to change in the scope of consolidation | — | | — | | — | | — | | | — | | — | | — | | — | | | Disposals | 663 | | 2,428 | | — | | 3,091 | | | 177 | | — | | — | | 177 | | | Charge for the year | (1,323) | | — | | (8) | | (1,331) | | | (405) | | | — | | (405) | | | Transfers, exchange differences and other items | 1,150 | | (1,917) | | (32) | | (799) | | | 381 | | — | | — | | 381 | | Balance at 31 December 2025 | (12,129) | | (4,273) | | (202) | | (16,604) | | | (2,661) | | — | | — | | (2,661) | |
A. Includes contract extensions on operating leases and repurchases. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | EUR million | | Tangible assets | | Of which:
For leasing | | For own use | Leased out under
an operating
lease | Investment
property | Total | | For own use | Leased out under
an operating
lease | Investment
property | Total | | Impairment losses | | | | | | | | | | Balance at 1 January 2023 | (189) | | (33) | | (379) | | (601) | | | (14) | | — | | — | | (14) | | | Impairment charge for the year | (113) | | (29) | | (12) | | (154) | | | (38) | | — | | — | | (38) | | | Releases | 4 | | 11 | | 4 | | 19 | | | 3 | | — | | — | | 3 | | | Disposals due to change in the scope of consolidation | — | | — | | — | | — | | | — | | — | | — | | — | | | Disposals | 36 | | — | 4 | | 40 | | | 5 | | | | 5 | | | Exchange differences and other | 64 | | 47 | | (38) | | 73 | | | (1) | | — | | — | | (1) | | Balance at 31 December 2023 | (198) | | (4) | | (421) | | (623) | | | (45) | | — | | — | | (45) | | | Impairment charge for the year | (276) | | (70) | | (81) | | (427) | | | (31) | | — | | — | | (31) | | | Releases | 34 | | 3 | | 8 | | 45 | | | 10 | | — | | — | | 10 | | | Disposals due to change in the scope of consolidation | — | | — | | — | | — | | | — | | — | | — | | — | | | Disposals | 53 | | — | | — | | 53 | | | 19 | | — | | — | | 19 | | | Exchange differences and other | (14) | | 32 | | 76 | | 94 | | | (2) | | — | | — | | (2) | | Balance at 31 December 2024 | (401) | | (39) | | (418) | | (858) | | | (49) | | — | | — | | (49) | | | Impairment charge for the year | (172) | | (79) | | (15) | | (266) | | | (41) | | — | | — | | (41) | | | Releases | 41 | | 71 | | 25 | | 137 | | | 1 | | — | | — | | 1 | | | Disposals due to change in the scope of consolidation | — | | — | | — | | — | | | — | | — | | — | | — | | | Disposals | 17 | | 17 | | — | | 34 | | | 6 | | — | | — | | 6 | | | Exchange differences and other | 166 | | 3 | | 40 | | 209 | | | 9 | | — | | — | | 9 | | Balance at 31 December 2025 | (349) | | (27) | | (368) | | (744) | | | (74) | | — | | — | | (74) | | | | | | | | | | | | | Tangible assets, net | | | | | | | | | | Balances at 31 December 2023 | 13,408 | | 19,518 | | 956 | | 33,882 | | | 2,183 | | — | | — | | 2,183 | | Balances at 31 December 2024 | 12,636 | | 18,576 | | 875 | | 32,087 | | | 1,918 | | — | | — | | 1,918 | | Balances at 31 December 2025 | 11,663 | | 14,753 | | 1,022 | | 27,438 | | | 1,556 | | — | | — | | 1,556 | |
|
| Disclosure of detailed information about property, plant and equipment |
The detail, by class of asset, of 'Property, plant and equipment' which is owned by the Group in the consolidated balance sheets is as follows: | | | | | | | | | | | | | | | | | | | EUR million | | | Tangible assets for own use | Of which:
for leasing | | Cost | Accumulated
depreciation | Impairment
losses | Carrying
amount | | Land and buildings | 14,973 | | (5,010) | | (154) | | 9,809 | | 2,104 | | | IT equipment and fixtures | 5,614 | | (4,154) | | — | | 1,460 | | 60 | | | Furniture and vehicles | 5,412 | | (3,424) | | — | | 1,988 | | 19 | | | Construction in progress and other items | 244 | | (49) | | (44) | | 151 | | — | | | Balance at 31 December 2023 | 26,243 | | (12,637) | | (198) | | 13,408 | | 2,183 | | | | | | | | | Land and buildings | 15,113 | | (5,516) | | (353) | | 9,244 | | 1,882 | | | IT equipment and fixtures | 5,283 | | (3,926) | | — | | 1,357 | | 23 | | | Furniture and vehicles | 4,963 | | (3,130) | | — | | 1,833 | | 13 | | | Construction in progress and other items | 297 | | (47) | | (48) | | 202 | | — | | | Balance at 31 December 2024 | 25,656 | | (12,619) | | (401) | | 12,636 | | 1,918 | | | | | | | | | Land and buildings | 14,067 | | (5,359) | | (304) | | 8,404 | | 1,536 | | | IT equipment and fixtures | 4,204 | | (3,003) | | (10) | | 1,191 | | 13 | | | Furniture and vehicles | 5,548 | | (3,746) | | (1) | | 1,801 | | 7 | | | Construction in progress and other items | 322 | | (21) | | (34) | | 267 | | — | | | Balance at 31 December 2025 | 24,141 | | (12,129) | | (349) | | 11,663 | | 1,556 | |
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