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 2013	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	4,071	505	6,746	11,322	2,609	768	14,700
Additions	108	406	507	1,021	87	144	1,252
Retirements	(12)	(11)	(378)	(402)	(52)	(1)	(455)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	45	(150)	109	4	(122)	(155)	(272)
Exchange difference and other	(232)	(35)	(156)	(423)	(3)	(52)	(478)
Balance at the end	3,980	715	6,827	11,522	2,519	705	14,747
Accrued depreciation -
Balance at the beginning	1,144	-	4,811	5,956	95	237	6,287
Additions (Note 47)	101	-	459	560	21	-	581
Retirements	(6)	-	(342)	(347)	(2)	-	(350)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	(2)	-	(16)	(18)	(2)	(7)	(26)
Exchange difference and other	(58)	-	(112)	(169)	(11)	2	(178)
Balance at the end	1,179	-	4,801	5,980	102	233	6,314
Impairment -
Balance at the beginning	177	-	13	189	646	6	841
Additions	17	-	15	32	127	-	160
Retirements	(4)	-	-	(4)	-	-	(4)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Disposal of entities in the year	-	-	-	-	-	-	-
Exchange difference and other	(37)	-	(13)	(50)	(46)	-	(96)
Balance at the end	153	-	15	168	727	6	900
Net tangible assets -
Balance at the beginning	2,750	505	1,922	5,177	1,870	525	7,572
Balance at the end	2,647	715	2,011	5,373	1,693	468	7,534

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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	3,552	349	5,993	9,894	1,911	1,200	13,005
Additions	86	262	442	789	48	226	1,063
Retirements	(42)	(19)	(109)	(170)	(41)	(31)	(243)
Acquisition of subsidiaries in the year	442	1	257	699	752	-	1,451
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	14	(93)	19	(61)	(56)	(192)	(308)
Exchange difference and other	20	7	145	171	(4)	(435)	(267)
Balance at the end	4,071	505	6,746	11,322	2,609	768	14,700
Accrued depreciation -
Balance at the beginning	1,005	-	4,139	5,144	50	352	5,546
Additions (Note 47)	98	-	446	544	22	-	565
Retirements	(10)	-	(90)	(100)	(3)	(31)	(134)
Acquisition of subsidiaries in the year	37	-	210	248	29	-	277
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	-	-	1	1	(0)	(97)	(97)
Exchange difference and other	15	-	104	119	(2)	12	129
Balance at the end	1,144	-	4,811	5,956	95	237	6,287
Impairment -
Balance at the beginning	37	-	11	47	273	12	332
Additions	-	-	-	1	89	-	90
Retirements	(1)	-	-	(1)	(108)	(1)	(110)
Acquisition of subsidiaries in the year	135	-	-	135	417	-	552
Exchange difference and other	6	-	2	7	(25)	(4)	(22)
Balance at the end	177	-	13	189	646	6	841
Net tangible assets -
Balance at the beginning	2,510	349	1,842	4,702	1,589	836	7,126
Balance at the end	2,750	505	1,922	5,177	1,870	525	7,572

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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	131	246	517	893	98	301	1,293
Retirements	(38)	(36)	(150)	(224)	(15)	(72)	(311)
Acquisition of subsidiaries in the year	1	-	22	24	14	97	134
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	59	(73)	(16)	(30)	(0)	(206)	(236)
Exchange difference and other	(6)	(3)	164	155	(26)	64	193
Balance at the end	3,552	349	5,993	9,893	1,911	1,200	13,004
Accrued depreciation -
Balance at the beginning	889	-	3,747	4,636	66	272	4,974
Additions (Note 47)	90	-	383	473	10	8	491
Retirements	(13)	-	(120)	(132)	(1)	(40)	(173)
Acquisition of subsidiaries in the year	1	-	18	19	-	13	32
Disposal of entities in the year	-	-	-	-	-	-	-
Transfers	3	-	(18)	(15)	(0)	(105)	(121)
Exchange difference and other	35	-	129	164	(26)	205	344
Balance at the end	1,005	-	4,139	5,144	50	352	5,546
Impairment -
Balance at the beginning	32	-	-	31	207	19	257
Additions	5	-	3	8	73	-	81
Retirements	(1)	-	(4)	(4)	(1)	(8)	(13)
Acquisition of subsidiaries in the year	-	-	-	-	-	-	-
Exchange difference and other	1	-	12	13	(7)	-	7
Balance at the end	37	-	11	47	273	12	332
Net tangible assets -
Balance at the beginning	2,485	215	1,708	4,408	1,568	724	6,701
Balance at the end	2,510	348	1,842	4,701	1,590	835	7,126

As of December 31, 2013,the fully depreciated tangible assets still in use amounted to €3,377 million.

The amortization balances for this item as of December 31, 2013, 2012 and 2011 are presented in Note 47.

The amount of tangible assets under financial lease schemes on which it is expected to exercise the purchase option was insignificant as of December 2013, 2012 and 2011.

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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Branches by Geographical Location	Number of Branches
	2013	2012	2011
Spain	3,230	3,518	3,016
Mexico	1,886	1,988	1,999
South America	1,590	1,644	1,567
The United States	685	707	746
Rest of the world	121	121	129
Total	7,512	7,978	7,457

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, 2013, 2012 and 2011:

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Tangible Assets by Spanish and Foreign Subsidiaries Net Assets Values	Millions of Euros
	2013	2012	2011
Foreign subsidiaries	3,157	3,006	3,098
BBVA and Spanish subsidiaries	4,377	4,567	4,029
Total	7,534	7,572	7,126