Note 15 - Investments in subsidiaries, joint ventures and associates

6 Months Ended

Jun. 30, 2018

Investments in joint ventures and associates

The breakdown of the balance of “Investments in joint ventures and associates” in the accompanying consolidated balance sheets is as follows:

Joint Ventures and Associates Entities. Breakdown by entities (Millions of euros)
	June 2018	December 2017
Joint ventures	228	256
Associates Entities	1,242	1,332
Total	1,470	1,588