19. Tangible assets

The breakdown of the balance and changes of this heading in the accompanying consolidated balance sheets, according to the nature of the related items, is as follows:

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Tangible Assets. Breakdown by Type of Assets and Changes in the year 2012	Millions of Euros
	For Own Use			Total tangible asset of Own Use	Investment Properties	Assets Leased out under an Operating Lease	Total
	Land and Buildings	Work in Progress	Furniture, Fixtures and Vehicles
Cost -
Balance at the beginning	3,740	353	6,152	10,244	1,911	1,199	13,355
Additions	90	264	458	811	48	226	1,086
Retirements	(42)	(19)	(111)	(172)	(41)	(31)	(245)
Acquisition of subsidiaries in the year	442	1	257	699	752	-	1,451
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	(56)	(93)	(22)	(171)	(36)	(603)	(810)
Exchange difference and other	73	7	191	271	(4)	(23)	244
Balance at the end	4,247	512	6,925	11,683	2,629	768	15,081
Accrued depreciation -
Balance at the beginning
Additions (Note 47)	1,037	-	4,248	5,285	49	353	5,687
Retirements	107	-	457	565	22	0	587
Acquisition of subsidiaries in the year	(10)	-	(92)	(102)	(3)	(31)	(136)
Disposal of entities in the year	37	-	210	248	29	-	277
Transfers	-	-	-	-	-	-	-
Exchange difference and other	(17)	-	(26)	(43)	3	(232)	(273)
Balance at the end	24	-	140	164	(2)	147	309
Impairment -
Balance at the beginning	43	-	12	54	272	11	338
Additions	0	-	0	1	87	-	88
Retirements	(3)	-	-	(3)	(108)	(1)	(112)
Acquisition of subsidiaries in the year	135	-	-	135	417	-	552
Exchange difference and other	6	-	1	7	(23)	(4)	(21)
Balance at the end	181	-	13	194	645	6	845
Net tangible assets -
Balance at the beginning	2,660	353	1,892	4,905	1,590	835	7,330
Balance at the end	2,888	512	1,974	5,373	1,887	525	7,785

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Tangible Assets. Breakdown by Type of Assets and Changes in the year 2011	Millions of Euros
	For Own Use			Total tangible asset of Own Use	Investment Properties	Assets Leased out under an Operating Lease	Total
	Land and Buildings	Work in Progress	Furniture, Fixtures and Vehicles
Cost -
Balance at the beginning	3,406	215	5,455	9,075	1,841	1,015	11,931
Additions	134	247	533	914	98	301	1,314
Retirements	(38)	(36)	(157)	(231)	(15)	(72)	(318)
Acquisition of subsidiaries in the year	187	3	176	367	14	97	477
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	59	(73)	(17)	(31)	-	(206)	(237)
Exchange difference and other	(8)	(3)	162	150	(26)	64	188
Balance at the end	3,740	353	6,152	10,244	1,911	1,199	13,355
Accrued depreciation -
Balance at the beginning
Additions (Note 47)	889	-	3,747	4,636	66	272	4,974
Retirements	96	-	399	495	10	8	512
Acquisition of subsidiaries in the year	(13)	-	(126)	(139)	(1)	(40)	(180)
Disposal of entities in the year	31	-	128	159	-	13	172
Transfers	-	-	-	-	-	-	-
Exchange difference and other	3	-	(18)	(15)	-	(105)	(121)
Balance at the end	31	-	119	150	(27)	206	329
Impairment -
Balance at the beginning	31	-	-	31	206	19	256
Additions	5	-	3	8	73	-	80
Retirements	(1)	-	(4)	(5)	(1)	(8)	(13)
Acquisition of subsidiaries in the year	8	-	-	8	1	-	9
Exchange difference and other	-	-	12	12	(7)	-	6
Balance at the end	43	-	12	54	272	11	338
Net tangible assets -
Balance at the beginning	2,486	215	1,708	4,408	1,569	724	6,701
Balance at the end	2,660	353	1,892	4,905	1,590	835	7,330

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Tangible Assets. Breakdown by Type of Assets and Changes in the year 2011	Millions of Euros
	For Own Use			Total tangible asset of Own Use	Investment Properties	Assets Leased out under an Operating Lease	Total
	Land and Buildings	Work in Progress	Furniture, Fixtures and Vehicles
Cost -
Balance at the beginning	2,734	435	5,599	8,768	1,803	989	11,560
Additions	194	179	357	730	66	245	1,041
Retirements	(49)	(45)	(156)	(250)	(8)	(2)	(260)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	387	(335)	(81)	(29)	32	(221)	(218)
Exchange difference and other	140	(19)	(264)	(144)	(52)	4	(192)
Balance at the end	3,406	215	5,455	9,075	1,841	1,015	11,931
Accrued depreciation -
Balance at the beginning
Additions (Note 47)	750	-	3,818	4,568	53	265	4,886
Retirements	86	-	362	448	15	7	470
Acquisition of subsidiaries in the year	(6)	-	(142)	(148)	(1)	(1)	(150)
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	-	-	-	-	-	-	-
Exchange difference and other	27	-	(47)	(20)	(1)	(110)	(131)
Balance at the end	32	-	(244)	(212)	-	111	(101)
Impairment -
Balance at the beginning	15	-	4	19	116	32	167
Additions	8	-	1	9	83	-	92
Retirements	(2)	-	(5)	(7)	-	(14)	(21)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Exchange difference and other	10	-	-	10	7	1	18
Balance at the end	31	-	-	31	206	19	256
Net tangible assets -
Balance at the beginning	1,969	435	1,777	4,182	1,634	691	6,507
Balance at the end	2,486	215	1,708	4,408	1,569	724	6,701

As of December 31, 2012, 2011 and 2010, the fully depreciated tangible assets still in use amounted to €1,968 million, €1,572 million and €480 million, respectively.

The main activity of the Group is carried out through a network of bank branches located geographically as shown in the following table:

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Bank Branches by Geographical Location	Number of Branches
	2012	2011	2010
Spain	3,518	3,016	3,024
Mexico	1,988	1,999	1,985
South America	1,644	1,567	1,456
The United States	707	746	752
Rest of the world (*)	121	129	144
Total	7,978	7,457	7,361

(*) Garanti branches are not included

The increase in Spain in 2012 is due to the incorporation of Unnim. The following table shows the detail of the net carrying amount of the tangible assets corresponding to Spanish or foreign entities as of December 31, 2012, 2011 and 2010:

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Tangible Assets by Spanish and Foreign Subsidiaries Net Assets Values	Millions of Euros
	2012	2011	2010
Foreign subsidiaries	3,218	3,301	2,741
BBVA and Spanish subsidiaries	4,567	4,029	3,960
Total	7,785	7,330	6,701

The amount of tangible assets under financial lease schemes on which it is expected to exercise the purchase option was insignificant as of December 31, 2012, 2011 and 2010.