Company: BCDRF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000891478-25-000111
Chunk: 73

Company: Banco Santander, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 73
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 Likewise, the related liabilities are aggregated under 'liabilities associated with non-current assets held for sale'. This line item consolidates the following: financial liabilities held for trading: EUR 989 million; financial liabilities at amortized cost: EUR 56,420 million; provisions: EUR 541 million; tax liabilities: EUR 940 million; and other liabilities: EUR 471 million.                                                                                                                                                                                                                                                                                                                     |

| 78 |     | January- June2025 |

| Significant events    
 Key consolidated data 
 Business model        |     | Group financial information |     | Financial information by segment |     | Sustainability       
 Corporate governance |     | Appendix |     | Index |
|                       |     |                             |     |                                  |     |                      |     | APMs     |     |       |

Ratios

| All profitability, efficiency, credit quality and other metrics included in this 'Alternative performance measures' section have been calculated including Poland, as they were in previous quarterly disclosures given the management of Santander Polska remains unchanged until the Poland disposal is completed. This reporting approach is consistent with the information used internally in management reporting, as well as with other public Group disclosures. However, if we were to exclude Poland, the Group's main management ratios would not be materially affected. |

Profitability and efficiency ratios

The purpose of the profitability ratios is to measure the ratio of profit to equity, to tangible equity, to assets and to risk-weighted assets, while the efficiency ratio measures how much general administrative expenses (personnel and other) and amortization costs are needed to generate revenue.

Additionally, goodwill adjustments have been removed from the RoTE numerator as, since they are not considered in the denominator, we believe this calculation is more correct.

| Ratio                            |     | Formula                                                                     |     | Relevance of the metric                                                                                                                                                                                                                                                                     |
| RoE                              |     | Profit attributable to the parent (annualized)                              |     | This ratio measures the return that shareholders obtain on the funds invested in the bank and as such measures the company's ability to pay shareholders.                                                                                                                                   |
| (Return on equity)               |     | Average stockholders’ equity1(excl. minority interests)                     |     |                                                                                                                                                                                                                                                                                             |
| RoTE                             |     | Profit attributable to the parent (annualized)2                             |     | This indicator is used to evaluate the profitability of the company as a percentage of its tangible equity. It's measured as the return that shareholders receive as a percentage of the funds invested in the entity less int