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Note 16 - Tangible assets | 6 Months Ended
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Jun. 30, 2019
Tangible assets Abstract |
Tangible Assets Explanatory | 16. Tangible assets The breakdown and movement of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows:
Tangible Assets. Breakdown by Type of Asset. (Millions of Euros)
|  | June 2019 | December 2018
Property plant and equipment |  | 10.084 | 7.066
For own use |  | 9.808 | 6.756
Land and buildings |  | 6.086 | 5.939
Work in progress |  | 67 | 70
Furniture, fixtures and vehicles |  | 6.240 | 6.314
Right to use assets |  | 3.454 |
Accumulated depreciation |  | (5.693) | (5.350)
Impairment |  | (346) | (217)
Leased out under an operating lease |  | 276 | 310
Assets leased out under an operating lease |  | 353 | 386
Accumulated depreciation |  | (77) | (76)
Investment property |  | 218 | 163
Building rental |  | 202 | 195
Other |  | 4 | 5
Right to use assets |  | 53 |
Accumulated depreciation |  | (13) | (11)
Impairment |  | (27) | (27)
Total |  | 10.302 | 7.229
The change is mainly due to the implementation of IFRS 16 on January 1, 2019 (see Note 2.1). The right to use asset consists mainly of the rental of commercial real estate premises for central services and the network branches located in the countries where the Group operates. The clauses included in rental contracts correspond to a large extent to rental contracts u nder normal market conditions in the country where the property is rented. From January 1 to June 30, 2019, there have been no significant changes in the right to use assets for leases.

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