The detail, by nature, of Grupo Santander’s non-current assets held for sale and liabilities associated with non-current assets held for sale at 30 June 2026 and 31 December 2025 is as follows presented by nature:


	EUR million
	30-06-2026	31-12-2025
Tangible assets	2,857	2,850
Foreclosed assets	2,487	2,487
Of which Property assets in Spain	1,643	1,705
Other tangible assets held for sale	370	363

Entities held for sale	—	72,148
Santander Bank Polska (Note 2)	—	72,148

Other assets	9	13
Total Assets associated with non-current assets held for sale	2,866	75,011


	EUR million
	30-06-2026	31-12-2025
Entities held for sale
Santander Bank Polska (Note 2)	—	62,995
Total Liabilities associated with non-current assets held for sale	—	62,995

The balance of the provisions for tangible assets at 30 June 2026 is EUR 2,241 million (EUR 2,357 million at 31 December 2025). The charges recorded in the first six months of 2026 and 2025 amounted to EUR 30 million and EUR 54 million, respectively, and the recoveries undergone during those periods amount to EUR 12 million and EUR 7 million, respectively.

As mentioned in Note 2, on 9 January 2026 the sale of 49% of the share capital of Santander Bank Polska and 50% of its asset management business in Poland to Erste Group Bank AG was completed.

The changes in the accounting balances of the Polish business for sale between 31 December 2025, and the closing date of the transaction, 9 January 2026, are not material for the purposes of these consolidated condensed interim financial statements.

The consolidated condensed balance sheet as of 31 December 2025 the consolidated condensed income statement, and the consolidated statement of cash flows for the first six months of 2025 for the Polish business for sale are included below:


			EUR million
Condensed assets			31-12-2025
Cash, cash balances at central banks and other deposits on demand			2,515
Financial assets held for trading			1,956
Financial assets designated at fair value through other comprehensive income			8,173
Financial assets at amortised cost			55,642
Intangible assets			1,335
Tax assets			1,224
Other assets			1,303
TOTAL ASSETS			72,148


			EUR million
Condensed liabilities			31-12-2025
Financial liabilities held for trading			842
Financial liabilities at amortised cost			59,704
Provisions			603
Tax liabilities			1,335
Other liabilities			511
TOTAL LIABILITIES			62,995


			EUR million
Other comprehensive income			31-12-2025
Items that will not be reclassified to profit or loss			56
Actuarial gains or losses on defined benefit pension plans			—
Changes in the fair value of equity instruments measured at fair value through other comprehensive income			56
Items that may be reclassified to profit or loss			(590)
Hedges of net investments in foreign operations (effective portion)			(522)
Exchange differences			(164)
Cash flow hedges (effective portion)			98
Debt instruments at fair value with changes in other comprehensive income			8
Share in other income and expenses recognised in investments, joint ventures and associates			(10)


			EUR million
Condensed consolidated income statements			01-01-2025 to 30-06-2025
Interest Margin			1,505
Dividend income			3
Investments accounted for using the equity method			14
Net commissions			342
Net trading income			37
Other operating results			(73)
Total income			1,828
Administrative expenses, depreciation and amortisation cost			(501)
Impairment of financial assets (*)			(121)
Other results and provisions			(243)
Profit before taxes			963
Tax expense			(237)
Profit of the year			726


			EUR million
Condensed consolidated statements of cash flows			30-06-2025
A) Cash flows from operating activities			430
B) Cash flows from investing activities			(11)
C) Cash flows from financing activities			(466)
D) Effect of foreign exchange rate differences			9
E) Net increase/(decrease) in cash and cash equivalents			(38)


			EUR million
			30-06-2026
Cash and cash equivalents disposed of			(2,515)
Consideration received satisfied in cash - Santander Bank Polska			7,035