XML 43 R26.htm IDEA: XBRL DOCUMENT
v3.22.4

Note 17 | 12 Months Ended
--- | ---
Dec. 31, 2022
Tangible Assets [Abstract] |
Disclosure of tangible assets [Text Block] | Tangible assets The breakdown and movement of the balance and changes of this heading in the consolidated balance sheets, according to the nature of the related items, is as follows:
Tangible assets. Breakdown by type of assets and changes in the year 2022 (Millions of Euros)
|  | Land and buildings | Work in progress | Furniture, fixtures and vehicles | Right to use asset | Investment Properties | Assets leased out under an operating lease | Total
| Notes | Own use | Investment Properties
Cost |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 4,350 | 67 | 5,388 | 3,154 | 162 | 147 | 267 | 13,535
Additions |  | 366 | 71 | 475 | 578 | 19 | 95 | 122 | 1,726
Retirements |  | (4) | — | (140) | (1,620) | (1) | (19) | — | (1,784)
Acquisition of subsidiaries in the year (1) |  | 1,392 | — | — | — | — | — | — | 1,392
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | (21) | (54) | (40) | (274) | 33 | (4) | — | (360)
Exchange difference and other (2) |  | 171 | 9 | 150 | 32 | — | 23 | 193 | 580
Balance at the end |  | 6,255 | 93 | 5,833 | 1,871 | 214 | 242 | 582 | 15,089
Accrued depreciation |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 900 | — | 3,833 | 811 | 47 | 17 | 33 | 5,641
Additions | 45 | 108 | — | 393 | 295 | 18 | 5 | — | 818
Additions transfer to discontinued operations |  | — | — | — | — | — | — | — | —
Retirements |  | (2) | — | (132) | (244) | — | (13) | — | (392)
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | 11 | — | 52 | (220) | 6 | 13 | — | (139)
Exchange difference and other |  | 47 | — | 59 | 11 | — | 2 | 19 | 138
Balance at the end |  | 1,064 | — | 4,204 | 653 | 70 | 23 | 52 | 6,066
Impairment |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 114 | — | — | 427 | 34 | 21 | — | 596
Additions | 49 | (29) | — | 4 | (45) | 16 | 2 | — | (53)
Additions transfer to discontinued operations |  | — | — | — | — | — | — | — | —
Retirements |  | — | — | — | — | — | — | — | —
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | (1) | — | — | (7) | — | 21 | — | 13
Exchange difference and other |  | 70 | — | (4) | (309) | — | (26) | — | (270)
Balance at the end |  | 154 | — | — | 65 | 50 | 17 | — | 286
Net tangible assets |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 3,336 | 67 | 1,555 | 1,916 | 81 | 109 | 234 | 7,298
Balance at the end |  | 5,036 | 93 | 1,629 | 1,153 | 94 | 201 | 530 | 8,737
(1) The variation in 2022 corresponds mainly to the closing of the transaction with Merlin Properties in which 100% of the shares of Tree Inversiones Inmobiliarias, SOCIMI, S.A. were acquired by BBVA Group. (2) The variation in 2022 corresponds mainly to the effect of the IAS 29 implementation in Turkey (see Note 2.2.19).
Tangible assets. Breakdown by type of assets and changes in the year 2021 (Millions of Euros)
|  |  |  |  | Right to use asset | Investment properties | Assets leased out under an operating lease | Total
| Notes | Land and buildings | Work in progress | Furniture, fixtures and vehicles | Own use | Investment properties
Cost |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 4,380 | 52 | 5,515 | 3,061 | 123 | 201 | 345 | 13,677
Additions |  | 58 | 31 | 262 | 230 | 4 | — | — | 585
Retirements |  | (5) | (1) | (281) | (59) | — | (1) | — | (347)
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | (112) | (8) | (29) | (34) | 35 | 1 | — | (147)
Exchange difference and other |  | 29 | (7) | (79) | (44) | — | (54) | (78) | (233)
Balance at the end |  | 4,350 | 67 | 5,388 | 3,154 | 162 | 147 | 267 | 13,535
Accrued depreciation |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 833 | — | 3,859 | 582 | 27 | 16 | 54 | 5,371
Additions | 45 | 79 | — | 358 | 284 | 15 | 4 | — | 740
Additions transfer to discontinued operations |  | — | — | — | — | — | — | — | —
Retirements |  | (19) | — | (259) | (16) | — | (4) | — | (298)
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | (23) | — | (17) | (5) | 5 | 1 | — | (39)
Exchange difference and other |  | 30 | — | (108) | (34) | — | — | (21) | (134)
Balance at the end |  | 900 | — | 3,833 | 811 | 47 | 17 | 33 | 5,641
Impairment |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 149 | — | — | 274 | 26 | 34 | — | 483
Additions (1) | 49 | — | — | 1 | 151 | 8 | 1 | — | 161
Additions transfer to discontinued operations |  | — | — | — | — | — | — | — | —
Retirements |  | — | — | — | — | — | — | — | —
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Disposal of entities in the year |  | — | — | — | — | — | — | — | —
Transfers |  | (24) | — | 17 | — | — | 2 | — | (5)
Exchange difference and other |  | (11) | — | (18) | 2 | — | (16) | — | (43)
Balance at the end |  | 114 | — | — | 427 | 34 | 21 | — | 596
Net tangible assets |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 3,398 | 52 | 1,656 | 2,205 | 70 | 151 | 291 | 7,823
Balance at the end |  | 3,336 | 67 | 1,555 | 1,916 | 81 | 109 | 234 | 7,298
(1) In 2021, it includes allowances on right of use of the rented offices after the agreement with union representatives on the collective layoff procedure proposed for Banco Bilbao Vizcaya Argentaria, S.A. in Spain (see Notes 24 and 49).
Tangible assets. Breakdown by type of assets and changes in the year 2020 (Millions of euros)
|  |  |  |  | Right to use asset |  |  | Total
| Notes | Land and buildings | Work in progress | Furniture, fixtures and vehicles | Own use | Investment properties | Investment properties | Assets leased out under an operating lease
Cost |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 6,001 | 56 | 6,351 | 3,516 | 101 | 216 | 337 | 16,578
Additions |  | 157 | 54 | 255 | 183 | 0 | 2 | — | 651
Retirements |  | (10) | (23) | (294) | (157) | (3) | (11) | — | (498)
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Companies held for sale (1) |  | (925) | (31) | (366) | (294) | — | — | — | (1,616)
Transfers |  | (248) | (2) | (5) | (60) | 25 | 18 | — | (272)
Exchange difference and other |  | (595) | (2) | (426) | (127) | — | (24) | 8 | (1,166)
Balance at the end |  | 4,380 | 52 | 5,515 | 3,061 | 123 | 201 | 345 | 13,677
Accrued depreciation |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 1,253 | — | 4,344 | 370 | 11 | 15 | 74 | 6,067
Additions | 45 | 83 | — | 370 | 312 | 12 | 3 | 1 | 781
Additions transfer to discontinued operations (1) |  | 24 | — | 20 | 32 | — | — | — | 76
Retirements |  | (2) | — | (248) | (10) | — | — | — | (260)
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Companies held for sale (1) |  | (373) | — | (321) | (71) | — | — | — | (765)
Transfers |  | (42) | — | (12) | (9) | 4 | 1 | — | (58)
Exchange difference and other |  | (110) | — | (294) | (42) | — | (3) | (21) | (470)
Balance at the end |  | 833 | — | 3,859 | 582 | 27 | 16 | 54 | 5,371
Impairment |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 212 | — | — | 191 | 14 | 26 | — | 443
Additions | 49 | 18 | — | 26 | 68 | 12 | 1 | — | 125
Retirements |  | — | — | — | — | — | — | — | —
Acquisition of subsidiaries in the year |  | — | — | — | — | — | — | — | —
Companies held for sale (1) |  | (8) | — | — | — | — | — | — | (8)
Transfers |  | (68) | — | — | 10 | — | 7 | — | (51)
Exchange difference and other |  | (5) | — | (26) | 5 | — | — | — | (26)
Balance at the end |  | 149 | — | — | 274 | 26 | 34 | — | 483
Net tangible assets |  |  |  |  |  |  |  |  |
Balance at the beginning |  | 4,536 | 56 | 2,007 | 2,955 | 76 | 175 | 263 | 10,068
Balance at the end |  | 3,398 | 52 | 1,656 | 2,205 | 70 | 151 | 291 | 7,823
(1) Amount is mainly due to the companies in the United States included in the USA Sale (see Notes 3 and 21). 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 whose average term is between 5 and 20 years. The clauses included in rental contracts correspond to a large extent to rental contracts under normal market conditions in the country where the property is rented. As of December 31, 2022, 2021 and 2020, the cost of fully amortized tangible assets that remained in use were €2,443, €2,318 and €2,299 million respectively while its recoverable residual value was not significant. The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish and foreign subsidiaries as of December 31, 2022, 2021 and 2020:
Tangible assets by Spanish and foreign subsidiaries. Net assets values (Millions of euros)
| 2022 ⁽¹⁾ | 2021 ⁽²⁾ | 2020
BBVA and Spanish subsidiaries | 4,285 | 3,873 | 4,294
Foreign subsidiaries | 4,452 | 3,425 | 3,529
Total | 8,737 | 7,298 | 7,823
(1) The variation in 2022 corresponds mainly to the closing of the transaction with Merlin Properties in which 100% of the shares of Tree Inversiones Inmobiliarias, SOCIMI, S.A. were acquired by BBVA Group.. (2) The variation in 2021 is mainly due to the reclassification of owned offices and facilities from "Tangible assets" to "Non-current assets and disposal groups classified as held for sale" (see Notes 21, 24 and 50). Purchase of Tree Inversiones Inmobiliarias SOCIMI, S.A. (Tree) to Merlin Properties SOCIMI, S.A. On June 15, 2022, BBVA acquired from Merlin Properties SOCIMI, S.A. the shares representing the entire share capital of Tree Inversiones Inmobiliarias SOCIMI, S.A. (hereinafter “Tree”) for an amount of €1,988 million. This company has 662 properties leased to BBVA that were part of the set of properties that BBVA sold between 2009 and 2010 under a sale and leaseback agreement. Prior to that date, these properties were registered as "Rights of use" in the consolidated balance sheet of the BBVA Group under the headings "Tangible assets - Property, plant and equipment" and "Tangible assets - Investment property", while the payment obligation was reflected under the heading "Financial liabilities at amortized cost – Other financial liabilities", in accordance with IFRS 16 Leases. The Tree purchase transaction has been considered an asset purchase given that the Group has determined that it is not acquiring a set of activities that present elements that could constitute a business. After the closing of this transaction, the BBVA Group has once again become owner of the properties and recorded them at their acquisition price in the Group's consolidated financial statements as of June 30, 2022. The assets acquired that are not used for the Bank's activity are recorded under the heading "Non-current assets and disposal groups classified as held for sale and liabilities included in disposal groups classified as held for sale" (see Note 21). The impact of the transaction amounted to €-201 million (losses net of taxes) which have been registered under the headings "Gains (losses) from non-current assets and disposal groups classified as held for sale not qualifying as discontinued operations” for an amount of €-134 million and “Tax expense or income related to profit or loss from continuing operations” for an amount of €-67 million in the consolidated income statement of the BBVA Group.

X
- Definition Disclosure of tangible assets + References No definition available. + Details
Name: | bbva_DisclosureOfTangibleAssetsTextBlock
Namespace Prefix: | bbva_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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