XML 193 R20.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Note 13 - Financial assets at fair value through other comprehensive income | 12 Months Ended
--- | ---
Dec. 31, 2019
Financial Assets At Fair Value Through Other Comprehensive Income Abstract |
Financial assets at fair value through other comprehensive income | 13. Financial assets at fair value through other comprehensive income 13.1 B reakdown of the balance The breakdown of the balance by the main financial instruments in the accompanying consolidated balance sheets is as follows:
Financial assets designated at fair value through other comprehensive income (Millions of Euros)
| Notes | 2019 | 2018 | 2017
Equity instruments | 7.1.2 | 2,420 | 2,595 | 4,488
Loss allowances |  | - | - | (1,264)
Subtotal |  | 2,420 | 2,595 | 3,224
Debt securities | 7.1.2 | 58,841 | 53,737 | 66,273
Loss allowances |  | (110) | (28) | (21)
Subtotal |  | 58,731 | 53,709 | 66,251
Loans and advances to credit institutions | 7.1.2 | 33 | 33 | -
Total |  | 61,183 | 56,337 | 69,476
13.2 Equity instruments The breakdown of the balance under the heading "Equity instruments" of the accompanying consolidated financial statements as of December 31, 2019 and 2018 is as follows:
Financial assets at fair value through other comprehensive income. Equity instruments. (Millions of Euros)
| 2019 | 2018
| Amortized cost | Unrealized gains | Unrealized losses | Fair value | Amortized cost | Unrealized gains | Unrealized losses | Fair value
Equity instruments |  |  |  |  |  |  |  |
Spanish companies shares | 2,181 | - | (507) | 1,674 | 2,172 | - | (210) | 1,962
Foreign companies shares | 136 | 87 | (11) | 213 | 90 | 43 | (12) | 121
The United States | 30 | 47 | - | 78 | 20 | 17 | - | 37
Mexico | 1 | 33 | - | 34 | 1 | 25 | - | 26
Turkey | 3 | 2 | - | 5 | 3 | - | (1) | 2
Other countries | 102 | 5 | (11) | 96 | 66 | 1 | (11) | 56
Subtotal equity instruments listed | 2,317 | 87 | (518) | 1,886 | 2,262 | 43 | (222) | 2,083
Equity instruments |  |  |  |  |  |  |  |
Spanish companies shares | 5 | 1 | - | 5 | 6 | 1 | - | 7
Foreign companies shares | 450 | 79 | (1) | 528 | 453 | 54 | (1) | 506
The United States | 387 | 32 | - | 419 | 388 | 23 | - | 411
Turkey | 5 | 4 | - | 9 | 6 | 4 | - | 10
Other countries | 57 | 43 | (1) | 99 | 59 | 27 | (1) | 85
Subtotal unlisted equity instruments | 454 | 80 | (1) | 533 | 459 | 55 | (1) | 513
Total | 2,772 | 167 | (519) | 2,420 | 2,721 | 98 | (223) | 2,595
The breakdown of the balance under the heading "Equity instruments" of the accompanying consolidated financial statements as of December 31, 2017 is as follows:
Available-for-sale financial assets. Equity instruments. December 2017 (Millions of Euros)
|  | Amortized cost | Unrealized gains | Unrealized losses | Fair value
Equity instruments listed |  |  |  |  |
Spanish companies shares |  | 2,189 | - | (1) | 2,188
Foreign companies shares |  | 215 | 33 | (7) | 241
United States |  | 11 | - | - | 11
Mexico |  | 8 | 25 | - | 33
Turkey |  | 4 | 1 | - | 5
Other countries |  | 192 | 7 | (7) | 192
Subtotal equity instruments listed |  | 2,404 | 33 | (8) | 2,429
Unlisted equity instruments |  |  |  |  |
Spanish companies shares |  | 33 | 29 | - | 62
Foreign companies shares |  | 665 | 77 | (8) | 734
United States |  | 498 | 40 | (6) | 532
Mexico |  | 1 | - | - | 1
Turkey |  | 15 | 6 | (2) | 19
Other countries |  | 151 | 31 | - | 182
Subtotal unlisted equity instruments |  | 698 | 106 | (8) | 796
Total |  | 3,102 | 139 | (16) | 3,224
13.3 Debt securities The breakdown of the balance under the heading “Debt securities” of the accompanying consolidated financial statements as of December 31, 2019 and 2018, broken down by issuers, is as follows:
Financial assets at fair value through other comprehensive income. (Millions of Euros)
| 2019 | 2018
| Amortized cost | Unrealized gains | Unrealized losses | Fair value | Amortized cost | Unrealized gains | Unrealized losses | Fair value
Domestic debt securities |  |  |  |  |  |  |  |
Government and other government agency debt securities | 20,740 | 830 | (20) | 21,550 | 17,205 | 661 | (9) | 17,857
Credit institutions | 959 | 65 | - | 1,024 | 793 | 63 | - | 855
Other issuers | 907 | 40 | - | 947 | 804 | 37 | (1) | 841
Subtotal | 22,607 | 935 | (21) | 23,521 | 18,802 | 761 | (10) | 19,553
Foreign debt securities |  |  |  |  |  |  |  |
Mexico | 7,790 | 22 | (26) | 7,786 | 6,299 | 6 | (142) | 6,163
Government and other government agency debt securities | 6,869 | 18 | (19) | 6,868 | 5,286 | 4 | (121) | 5,169
Credit institutions | 77 | 2 | - | 78 | 35 | - | (1) | 34
Other issuers | 843 | 2 | (6) | 840 | 978 | 2 | (20) | 961
The United States | 11,376 | 68 | (51) | 11,393 | 14,507 | 47 | (217) | 14,338
Government securities | 8,570 | 42 | (12) | 8,599 | 11,227 | 37 | (135) | 11,130
Treasury and other government agencies | 5,595 | 32 | (2) | 5,624 | 7,285 | 29 | (56) | 7,258
States and political subdivisions | 2,975 | 10 | (10) | 2,975 | 3,942 | 8 | (79) | 3,872
Credit institutions | 122 | 2 | - | 124 | 49 | 1 | - | 50
Other issuers | 2,684 | 24 | (39) | 2,670 | 3,231 | 9 | (82) | 3,158
Turkey | 3,752 | 38 | (76) | 3,713 | 4,164 | 20 | (269) | 3,916
Government and other government agency debt securities | 3,752 | 38 | (76) | 3,713 | 4,007 | 20 | (256) | 3,771
Credit institutions | - | - | - | - | 157 | - | (13) | 145
Other countries | 11,870 | 554 | (106) | 12,318 | 9,551 | 319 | (130) | 9,740
Other foreign governments and other government agency debt securities | 6,963 | 383 | (78) | 7,269 | 4,510 | 173 | (82) | 4,601
Central banks | 1,005 | 9 | (4) | 1,010 | 987 | 2 | (4) | 986
Credit institutions | 1,795 | 109 | (12) | 1,892 | 1,856 | 111 | (20) | 1,947
Other issuers | 2,106 | 53 | (12) | 2,147 | 2,197 | 33 | (25) | 2,206
Subtotal | 34,788 | 681 | (259) | 35,210 | 34,521 | 392 | (758) | 34,157
Total | 57,395 | 1,617 | (280) | 58,731 | 53,323 | 1,153 | (768) | 53,709
The breakdown of the balance under the heading “Debt securities” of t he accompanying consolidated financial statements as of December 31, 2017, broken down by issuers, is as follows:
Available-for-sale financial assets. December 2017 (Millions of Euros)
|  | Amortized cost | Unrealized gains | Unrealized losses | Fair value
Domestic debt securities |  |  |  |  |
Government and other government agency debt securities |  | 22,765 | 791 | (17) | 23,539
Credit institutions |  | 891 | 72 | - | 962
Other issuers |  | 1,061 | 43 | - | 1,103
Subtotal Spanish debt securities |  | 24,716 | 906 | (17) | 25,605
Foreign debt securities |  |  |  |  |
Mexico |  | 9,755 | 45 | (142) | 9,658
Government and other government agency debt securities |  | 8,101 | 34 | (120) | 8,015
Credit institutions |  | 212 | 1 | (3) | 209
Other issuers |  | 1,442 | 10 | (19) | 1,434
The United States |  | 12,479 | 36 | (198) | 12,317
Government securities |  | 8,625 | 8 | (133) | 8,500
Treasury and other government agencies |  | 3,052 | - | (34) | 3,018
States and political subdivisions |  | 5,573 | 8 | (99) | 5,482
Credit institutions |  | 56 | 1 | - | 57
Other issuers |  | 3,798 | 26 | (65) | 3,759
Turkey |  | 5,052 | 48 | (115) | 4,985
Government and other government agency debt securities |  | 5,033 | 48 | (114) | 4,967
Credit institutions |  | 19 | - | (1) | 19
Other countries |  | 13,271 | 533 | (117) | 13,687
Other foreign governments and other government agency debt securities |  | 6,774 | 325 | (77) | 7,022
Central banks |  | 1,330 | 2 | (1) | 1,331
Credit institutions |  | 2,535 | 139 | (19) | 2,654
Other issuers |  | 2,632 | 66 | (19) | 2,679
Subtotal |  | 40,557 | 661 | (572) | 40,647
Total |  | 65,273 | 1,567 | (589) | 66,251
The credit ratings of the issuers of debt securities as of December 31, 2019, 2018, and 2017 are as follows:
Debt securities by rating
| 2019 | 2018 | 2017
| Fair value(Millions of Euros) | % | Fair value(Millions of Euros) | % | Fair value(Millions of Euros) | %
AAA | 3,669 | 6.2% | 531 | 1.0% | 687 | 1.0%
AA+ | 7,279 | 12.4% | 13,100 | 24.4% | 10,738 | 16.2%
AA | 317 | 0.5% | 222 | 0.4% | 507 | 0.8%
AA- | 265 | 0.5% | 409 | 0.8% | 291 | 0.4%
A+ | 3,367 | 5.7% | 632 | 1.2% | 664 | 1.0%
A | 12,895 | 22.0% | 687 | 1.3% | 683 | 1.0%
A- | 10,947 | 18.6% | 18,426 | 34.3% | 1,330 | 2.0%
BBB+ | 9,946 | 16.9% | 9,195 | 17.1% | 35,175 | 53.1%
BBB | 2,966 | 5.1% | 4,607 | 8.6% | 7,958 | 12.0%
BBB- | 1,927 | 3.3% | 1,003 | 1.9% | 5,583 | 8.4%
BB+ or below | 4,712 | 8.0% | 4,453 | 8.3% | 1,564 | 2.4%
Without rating | 441 | 0.8% | 445 | 0.8% | 1,071 | 1.6%
Total | 58,731 | 100.0% | 53,709 | 100.0% | 66,251 | 100.0%
13.4 Gains/losses Changes in gains / losses The changes in the gains/losses (net of taxes) in December 31, 2019 and 2018 of debt securities recognized under the equity heading “Accumulated other comprehensive income – Items that may be reclassified to profit or loss – Fair value changes of debt instruments measured at fair value through other comprehensive income” and equity instruments recognized under the equity heading “Accumulated other comprehensive income – Items that will not be reclassified to profit or loss – Changes in fair value of equity instruments designated at fair value through other comprehensive income” in the accompanying consolidated balance sheets are as follows:
Other comprehensive income - Changes in gains / losses (Millions of euros)
|  | Debt securities | Equity instruments
| Notes | 2019 | 2018 | 2019 | 2018
Balance at the beginning |  | 943 | 1,557 | (155) | 84
Effect of changes in accounting policies (IFRS 9) |  | - | (58) | - | (40)
Valuation gains and losses |  | 1,267 | (640) | (238) | (174)
Amounts transferred to income |  | (119) | (137) |  |
Income tax |  | (331) | 221 | (10) | (25)
Balance at the end | 30 | 1,760 | 943 | (403) | (155)
In 2019, the debt se curities impaired recognized in the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss net gains by modification– Financial assets at fair value through other comprehensive income” in the acc ompanying consolidated income statement amounted to €83 million (see Note 47) as a result of the decrease in the rating of debt securities in BBVA Argentina during the last quarter of 2019. In 2018, the debt securities impaired recognized in the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss net gains by modification– Financial assets at fair value through other comprehensive income” in the accompanying consolidated income statement amo unted to €1 million (see Note 47). During 2019 and 2018 there has been no significant impairment registered in equity instruments under the heading “Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss net gains by modification- Financial assets at fair value through other comprehensive income” (see Note 47).

X
- Definition Text Block which displays the disclosure of financial assets at fair value through other comprehensive income + References No definition available. + Details
Name: | bbva_Disclosureofavailableforsalefinancialassetsthroughtothertcomprehensiveincomeexplanatory
Namespace Prefix: | bbva_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration