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Note 27 - Share premium | 12 Months Ended
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Dec. 31, 2017
Share premium |
Disclosure of Share Premium | Share premium As of December 31, 2017, 2016 and 2015, the balance under this heading in the accompanying consolidated balance sheets was €23,992 million. The amended Spanish Corporation Act expressly permits the use of the share premium balance to increase capital and establishes no specific restrictions as to its use (see Note 26)

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