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Related Parties (Tables) | 12 Months Ended
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Dec. 31, 2024
Related Party [Abstract] |
Schedule of Transactions | The accounting balances as of December 31, 2024 and 2023, as well as the accounting reflection of the transactions carried out in 2024 and 2023 of Telefónica Group companies with the aforementioned associates and joint ventures in which BBVA hold interests are shown below:
Millions of euros | 12/31/2024 | 12/31/2023
Receivables and other assets | 5 |  | 9 |
Payables and other liabilities | 80 |  | 10 |
Millions of euros | 2024 | 2023 | 2022
Revenue from operations | 13 |  | 16 |  | 12 |
Expenses from operations | 2 |  | — |  | — |
Financial cost | 1 |  | 1 |  | 1 |
The impact on the consolidated income statement of the Telefónica Group of the rest of the operations with BBVA in 2024 and 2023 is shown below:
BBVA |  |
Millions of euros | 2024 | 2023
Finance costs | 33 |  | 42 |
Receipt of services | 5 |  | 8 |
Purchase of goods | 1 |  | — |
Other expenses | — |  | 38 |
Total costs | 39 |  | 88 |
Finance income | 46 |  | 47 |
Dividends received (1) | 30 |  | 21 |
Services rendered | 88 |  | 48 |
Sale of goods | 12 |  | 10 |
Other income | — |  | 3 |
Total revenues | 176 |  | 129 |
(1) At December 31, 2024, Telefónica h eld a 0.77% stake (0.76% stake at December 31, 2023) in the share capital of Banco Bilbao Vizcaya Argentaria, S.A. (see Note 12). The following table shows the balance sheet positions of these operations as of December 31, 2024 and 2023, as well as the current guarantees and other off-balance sheet positions.
BBVA |  |
Millions of euros | December 31, 2024 | December 31, 2023
Finance arrangements: loans, capital contributions and others (borrower) | 173 |  | 191 |
Finance arrangements: loans and capital contributions (lender) | 441 |  | 696 |
Guarantees | 118 |  | 239 |

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