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Note 51 - Consolidated Statement Of Cash Flows (Tables) | 12 Months Ended
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Dec. 31, 2020
Consolidated statements of cash flows |
Table Of Consolidated Statement Of CashFlow |
Liabilities from financing activities. December 2020 (Millions of Euros)
| December 31, 2019 | Cash flows | Non-cash changes | December 31, 2020
| Acquisition | Disposal | Disposals by companies held for sale (**) | Foreign exchange movement | Fair value changes
Liabilities at amortized cost: Debt certificates | 63.963 | 3.003 | - | - | (3.160) | (2.026) | - | 61.780
Of which: Issuances of subordinated liabilities (*) | 17.675 | (8) | - | - | - | (419) | - | 17.248

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