XML 68 R52.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Note 44 | 12 Months Ended
--- | ---
Dec. 31, 2021
Administration Costs [Abstract] |
Disclosure of Administration Costs [Text Block] | Administration costsPersonnel expense The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows:
Personnel expense (Millions of Euros) |  |  |  |  |  |  |  |
| Notes | 2021 | 2020 | 2019 |  |  |  |  |  |  |  |
Wages and salaries |  | 3,933 | 3,610 | 4,103 |  |  |  |  |  |  |  |
Social security costs |  | 668 | 671 | 725 |  |  |  |  |  |  |  |
Defined contribution plan expense | 25 | 71 | 72 | 95 |  |  |  |  |  |  |  |
Defined benefit plan expense | 25 | 49 | 49 | 49 |  |  |  |  |  |  |  |
Other personnel expense |  | 325 | 293 | 379 |  |  |  |  |  |  |  |
Total |  | 5,046 | 4,695 | 5,351 |  |  |  |  |  |  |  |
Share-based employee remuneration The amounts recognized under the heading “Administration costs - Personnel expense - Other personnel expense” in the consolidated income statements for the year ended December 31, 2021, 2020 and 2019, corresponding to the remuneration plans based on equity instruments in each year, amounted to €33 million, €16 million and €31 million, respectively. These amounts have been recognized with a corresponding entry under the heading “Shareholders’ funds - Other equity instruments” in the accompanying consolidated balance sheets, net of tax effect. The characteristics of the Group's remuneration plans based on equity instruments are described below. Variable remuneration in shares BBVA has a specific remuneration scheme applicable to those employees whose professional activities have a material impact on the risk profile of BBVA and/or its Group (hereinafter “Identified Staff”) involving the delivery of BBVA shares, designed within the framework of applicable regulations to credit institutions and considering best practices and recommendations at the local and international levels in this matter. In 2021, this remuneration scheme is reflected in the following remuneration policies: –BBVA Group General Remuneration Policy, approved by the Board of Directors on June 30, 2021, that applies to employees and senior managers at BBVA (excluding BBVA executive directors) and at Group companies with respect to which BBVA exercises control over management. This policy includes the specific rules applicable to the members of the Identified Staff, including Senior Management. –BBVA Directors’ Remuneration Policy, approved by the General Shareholders’ Meeting of BBVA held on April 20, 2021, that it’s applicable to the members of the Board of Directors of BBVA. The remuneration system for executive directors corresponds, generally, with the applicable system to the Identified Staff, incorporating some particularities of their own, derived from their condition of directors. The variable remuneration for the Identified Staff members is subject to the following rules established in their corresponding remuneration policies, specifically: –Annual Variable Remuneration for Identified Staff members for each financial year will be subject to ex ante adjustments, so that it shall be reduced at the time of their appraisal in the event of a downturn in the Group’s results or other parameters such as the level of achievement of budgeted targets, and it will not accrue or it will accrue in a reduced amount, should a certain level of profits and capital ratio not be achieved in accordance with the provisions of applicable regulations at any given time. –60% of the Annual Variable Remuneration will be vested and paid, if conditions are met, as a general rule, in the first four months of the financial year following that to which the Annual Variable Remuneration corresponds (the “Upfront Portion”). For executive directors, members of the Senior Management and Identified Staff members with particularly high variable remuneration, the Upfront Portion will be 40% of the Annual Variable Remuneration. The remaining portion will be deferred in time (hereinafter, the “Deferred Portion”) for a 5 year-period for executive directors and members of the Senior Management, and 4 years for the remaining members of the Identified Staff. –50% of the Annual Variable Remuneration, including both the Upfront Portion and the Deferred Portion, shall be established in BBVA shares or in instruments linked to BBVA shares. As regards executive directors and Senior Management, 60% of the Deferred Portion shall be established in shares. –The shares or instruments awarded as Annual Variable Remuneration, both from the Upfront Portion and the Deferred Portion, shall be withheld for a one-year period after delivery. This will not apply to those shares or instruments the sale of which would be required to honor the payment of taxes accruing on delivery. –The Deferred Portion of the Annual Variable Remuneration may be reduced, but never increased, depending on the results of multi-year performance indicators which are aligned with the Group’s core risk management and control metrics related to the solvency, liquidity, profitability or value creation. –The cash amounts of the Deferred Portion of Annual Variable Remuneration finally vested, shall be updated by applying the Consumer Price Index (CPI), measured as year-on-year change in prices, or any other criteria established for such purposes by the Board of Directors. –The entire Annual Variable Remuneration corresponding to each financial year shall be subject to arrangements for the reduction of variable remuneration ("malus") and arrangements for the recovery of variable remuneration already paid ("clawback") during the whole deferral and withholding period, which will be applicable in the event of the occurrence of any of the circumstances expressly named in the remuneration policies. –No personal hedging strategies or insurances shall be used in connection with variable remuneration or liability that may undermine the effects of alignment with prudent risk management. –The variable component of the remuneration for a financial year (understood as the sum of all variable components of the remuneration) shall be limited to a maximum amount of 100% of the fixed component of the total remuneration (understood as the sum of all fixed components of the remuneration), unless the General Shareholders' Meeting of BBVA resolves to increase this percentage up to a maximum of 200%. In this regard, the General Shareholders’ Meeting of BBVA held on April 20, 2021 resolved to increase this limit to a maximum level of 200% of the fixed component of the total remuneration for a given number of the Identified Staff members, in the terms indicated in the report issued for this purpose by the Board of Directors dated March 15, 2021. –Any type of remuneration, other than Annual Variable Remuneration, considered to be variable remuneration shall be subject to the rules regarding award, vesting and payment applicable in accordance with the type and nature of the remuneration component itself. During 2021, in accordance with the applicable remuneration policies, a total amount of 2,945,689 BBVA shares corresponding to the Upfront Portion of 2020 Annual Variable Remuneration, mostly, and other variable components of remuneration, has been delivered to the Identified Staff. Additionally, according to the Remuneration Policy applicable in 2017, during 2021 a total amount of 2,965,487 BBVA shares corresponding to the first payment of the Deferred Portion of 2017 Annual Variable Remuneration of executive directors and Senior Management and to the full Deferred Portion of the 2017 Annual Variable Remuneration of the rest of the Identified Staff, has been delivered. Detailed information on the delivery of shares to executive directors and Senior Management of BBVA who held this position as of December 31, 2021, is included in Note 54. Lastly, in line with specific regulation applicable in Portugal and Brazil, BBVA IFIC and BBVA Brazil Banco de Investimento have identified (on an individual basis, respectively) the staff in these countries whose annual variable remuneration should be subject to a specific settlement and payment scheme established in their corresponding remuneration policies, more specifically: –A percentage of the annual variable remuneration is subject to a three years deferral that shall be paid yearly over the mentioned period. –50% of the annual variable remuneration, both the upfront portion and deferred portion, shall be established in BBVA shares. –In BBVA IFIC, resulting cash portions of the deferred portion of annual variable remuneration and subject to multi-year performance indicators, finally delivered, shall be updated following the Consumer Price Index (CPI) measured as year-on-year price variation. –In BBVA Brasil Banco de Investimento, both the cash amounts and share amounts of the deferred portion may be subject to update adjustments in cash. According to this remuneration scheme, during financial year 2021 a total of 15,802 BBVA shares corresponding to the upfront portion of 2020 annual variable remuneration have been delivered to these staff in Portugal and Brazil. Additionally, during 2021 there have been delivered to these staff in Portugal and Brazil a total of 4,422 BBVA shares corresponding to the first third of the deferred portion of 2019 annual variable remuneration, as well as 332 euros as adjustments for updates (for shares delivered in Brazil). A total of 5,083 BBVA shares corresponding to the second third of the deferred portion of 2018 annual variable remuneration and 1,097 euros as adjustments for updates (for shares delivered in Brazil); and a total of 9,558 BBVA shares corresponding to the last third of the deferred portion of 2017 annual variable remuneration and 1,118 euros as adjustments for updates (for shares delivered in Brazil). Other administrative expense The breakdown of the balance under this heading in the accompanying consolidated income statements is as follows:
Other administrative expense. Breakdown by main concepts (Millions of Euros)
|  | 2021 | 2020 | 2019 |  |  |  |  |  |  |  |
Technology and systems |  | 1,176 | 1,088 | 1,060 |  |  |  |  |  |  |  |
Communications |  | 175 | 172 | 181 |  |  |  |  |  |  |  |
Advertising |  | 207 | 186 | 250 |  |  |  |  |  |  |  |
Property, fixtures and materials |  | 380 | 404 | 477 |  |  |  |  |  |  |  |
Taxes other than income tax |  | 347 | 344 | 378 |  |  |  |  |  |  |  |
Surveillance and cash courier services |  | 179 | 161 | 188 |  |  |  |  |  |  |  |
Other expense |  | 786 | 749 | 885 |  |  |  |  |  |  |  |
Total |  | 3,249 | 3,105 | 3,418 |  |  |  |  |  |  |  |

X
- Definition Administration Costs [Abstract] + References No definition available. + Details
Name: | bbva_AdministrationCostsAbstract
Namespace Prefix: | bbva_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of Administration Costs + References No definition available. + Details
Name: | bbva_DisclosureOfAdministrationCostsTextBlock
Namespace Prefix: | bbva_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration