Business combinations (Tables)

12 Months Ended

Dec. 31, 2024

Business Combinations and Acquisitions of Non-Controlling Interests [Abstract]

Schedule of Fair Value of Assets and Liabilities Identified at the Acquisition Moment, and the Goodwill Generated

The following table summarizes the proportional share of the fair value of the contributions made to the joint operation by each of the parties:


Millions of euros
Intangible assets			11



Property, plant and equipment			88
Rights of use			22
Trade receivables			43
Total assets			164
Lease liabilities			2
Account payables			77

Provisions			1
Total liabilities			80

The following table summarizes the consideration, the fair values of the identifiable assets acquired and the liabilities assumed at the time of the acquisition and the preliminary goodwill:


Millions of euros
Consideration			37
Intangible assets			11
Customer relationships			5
Other intangible assets			6
Property, plant and equipment			—
Other long term assets			16
Trade receivables			5
Other current assets			1
Loans			(1)
Trade payables			(5)
Deferred tax liabilities			(2)
Provisions			(16)
Fair value of net assets			9
Preliminary Goodwill			28

The following table presents the consideration, the fair value of the identifiable assets and the liabilities assumed at the acquisition date and the goodwill:


Millions of euros
Consideration			1,093
Intangible assets			539
Licenses			520
Customer relationships			19

Property, plant and equipment			29
Rights of use			105
Deferred tax assets			44
Trade receivables			74
Other assets			30
Cash and cash equivalents			13
Lease liabilities			(117)
Trade payables			(24)
Provisions			(221)
Other liabilities			(55)
Fair value of net assets			417
Goodwill			676

The following table presents the consideration, the fair value of assets and liabilities identified at the acquisition date and the final goodwill:


Millions of euros
Share purchase price			104
Payment obligations cancelled			91
Total			195
Intangible assets			24
Customer relationships			23
Other intangible assets			1
Property, plant and equipment			1
Rights of use			1
Accounts receivable			11
Other assets			1
Cash and cash equivalents			9

Lease liabilities			(2)
Accounts payable			(3)
Deferred tax liabilities			(6)
Other liabilities			(11)
Fair value of net assets			25
Goodwill (Note 7)			170


Millions of euros
Share purchase price			191
Payment obligations cancelled			162
Total			353
Intangible assets			73
Customer relationships			53
Other intangible assets			20
Property, plant and equipment			6
Right of use			5
Accounts receivable			19
Other assets			12
Cash and cash equivalents			17
Lease liabilities			(5)
Trade payables			(9)
Deferred tax liabilities			(20)
Current tax payables			(6)
Other liabilities			(21)
Fair value of net assets			71
Goodwill (Note 7)			282