14
3Q09
During the third quarter of 2009 the contraction that
started last year in the Spanish market continued,
especially in lending. The demand for time deposits fell
further but liquid forms of customer funds and pension
funds improved their behaviour. The decline in business
in the Americas, which started more recently, also
affected the growth of lending, which remains almost
Consolidated balance sheet
(Million euros)
Cash and balances with central banks
Financial assets held for trading
Other financial assets designated at fair value through
profit or loss
Available for sale financial assets
Loans and receivables
•Loans and advances to credit institutions
•Loans and advances to customers
•Other
Held-to-maturity investments
Investments in entities accounted for using the equity method
Tangible assets
Intangible assets
Other assets
TOTAL ASSETS
Financial liabilities held for trading
Other financial liabilities at fair value through profit or loss
Financial liabilities at amortised cost
•Deposits from central banks and credit institutions
•Deposits from customers
•Debt certificates
•Subordinated liabilities
•Other financial liabilities
Liabilities under insurance contracts
Other liabilities
TOTAL LIABILITIES
Minority interests
Valuation adjustments
Shareholders' funds
TOTAL EQUITY
TOTAL EQUITY AND LIABILITIES
MEMORANDUM ITEM:
Contingent liabilities
MEMORANDUM ITEM:
Average total assets
Average shareholders’ funds
Risks weighted assets
Business activity
30-09-09
at the same level as a year earlier. Conversely, customer
funds grew year-on-year in all regions. Consumer
finance and credit cards, with their associated risks,
now play a smaller role on the balance sheet whereas
items such as residential mortgages and public sector
lending have increased. Although lending fell in the
quarter, lower risk businesses were maintained and in
Δ%
30-09-08 30-06-09
31-12-08
20,323 (1.8) 20,701 23,053 14,659
70,585 12.6 62,670 71,064 73,299
2,207 98.0 1,115 2,089 1,755
63,400 33.7 47,432 57,384 47,780
345,629 (5.2) 364,754 352,905 369,494
22,330 (19.3) 27,659 24,533 33,856
322,857 (4.1) 336,797 327,926 335,260
441 48.2 298 447 378
4,995 (4.9) 5,254 5,099 5,282
1,340 (0.5) 1,347 1,407 1,467
6,386 19.9 5,327 6,502 6,908
8,129 (2.9) 8,376 8,363 8,440
14,312 30.6 10,957 14,767 13,568
537,305 1.8 527,932 542,634 542,650
36,394 43.0 25,443 37,529 43,009
1,299 284.6 338 1,295 1,033
446,993 (1.1) 451,757 452,490 450,605
73,777 (17.3) 89,259 76,919 66,804
249,365 4.9 237,648 249,096 255,236
98,622 (3.4) 102,125 102,486 104,157
18,594 19.9 15,510 17,003 16,987
6,635 (8.0) 7,215 6,985 7,420
6,907 (8.1) 7,515 6,822 6,571
15,004 (3.5) 15,544 14,599 14,727
506,597 1.2 500,596 512,734 515,945
1,254 24.6 1,006 1,219 1,049
(543) 121.1 (246) (702) (930)
29,997 12.9 26,575 29,383 26,586
30,707 12.3 27,336 29,901 26,705
537,305 1.8 527,932 542,634 542,650
32,807 (13.7) 37,994 33,705 35,952
544,132 7.4 506,566 545,350 517,856
26,349 13.0 23,315 26,234 23,324
296,057 8.8 272,017 296,491 277,478
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