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January - June 2012

Statement of changes in equity

BBVA’s equity as of 30-Jun-2012 amounted to €43,050m, a year-on-year increase of 14.4% and a quarter-on-quarter increase of 4.1%. This is explained by the partial mandatory conversion of the outstanding subordinated bonds.

Other customer funds

(Million euros)


30-06-12 Δ % 30-06-11 31-03-12 31-12-11
Spain 48,709 (6.8) 52,254 50,854 50,399
Mutual Funds 18,694 (10.8) 20,966 19,747 19,598
Pension Funds 17,192 1.2 16,986 17,590 17,224
Individual pension plans 9,729 (0.7) 9,799 10,066 9,930
Corporate pension funds 7,463 3.9 7,186 7,524 7,294
Customer portfolios 12,823 (10.3) 14,302 13,517 13,578
Rest of the world 105,389 13.7 92,676 100,496 93,892
Mutual funds and investment companies 22,113 10.0 20,100 20,415 19,697
Pension Funds 69,778 15.8 60,282 67,260 61,424
Customer portfolios 13,498 9.8 12,294 12,822 12,771
Other customer funds 154,098 6.3 144,930 151,350 144,291

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