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Note 42 Other operating expense (Details) - EUR (€)
€ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Disclosure of other operating expense [Line Items]      
Change in inventories € 165 € 151 € 134
Contribution To Guaranteed Banks Deposits Funds [1] 636 1,017 997
Hiperinflation Adjustments other operating expense [2] 1,775 2,007 1,687
Other operating expense [3] 1,374 867 620
Miscellaneous other operating expense € 3,951 € 4,042 € 3,438
[1]
(1) In 2024, no contributions were made to the European Single Resolution Fund (SRF) since the constitution phase of the fund has been completed. Likewise, the Deposits Guarantee Fund of Credit Institutions in Spain reached in 2023 the minimum coverage level established by the European Regulation with respect to covered deposits, so that no additional contribution was necessary for this purpose during 2024, although prior contributions are maintained.
[2]
(2) For the year ended December 31, 2024 it includes €1,419 million related to Argentina and €348 million related to Turkey. For the year ended December 31, 2023 it included €1,062 million related to Argentina and €916 million related to Turkey. For the year ended December 31, 2022, it included €822 million related to Argentina and €832 million related to Turkey (see Note 2.2.18).
[3]
(3) For the year ended December 2024 and 2023, it includes €285 and €215 million, respectively, corresponding to the total annual amount disbursed under the temporary tax on credit institutions and financial credit establishments, according to Law 38/2022 of December 27, 2022 (see Note 19.6). The change compared to 2023 is mainly as a result of higher taxes in various geographies due to increased activity.