Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 760

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 760
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 |  56 |               |               |   18 |     |   806 |                 |
| Argentine peso |     |  -2,109 |                                      |     |  -1,754 |                                |     |   355 |          |           |   — |               |               |    — |     |   355 |                 |
| Chilean peso   |     |  -1,852 |                                      |     |  -1,605 |                                |     |   247 |          |           |  31 |               |               |    5 |     |   211 |                 |
| US dollar      |     |   2,775 |                                      |     |   4,062 |                                |     | 1,287 |          |           | 102 |               |               |  -24 |     | 1,209 |                 |
| Polish zloty   |     |    -678 |                                      |     |    -776 |                                |     |   -98 |          |           | -21 |               |               |    — |     |   -77 |                 |
| Other          |     |    -594 |                                      |     |    -570 |                                |     |    24 |          |           |   3 |               |               |   -7 |     |    28 |                 |
| Total Group    |     | -23,887 |                                      |     | -20,420 |                                |     | 3,467 |          |           | 496 |               |               | -173 |     | 3,144 |                 |

A. Profit and loss items are translated into euros at the average exchange rate for the year as described in note 2 a) ii.

Annual report 2024 700

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

e) Other comprehensive income -Items that may be reclassified to profit or loss - Hedging derivatives – Cash flow hedges (Effective portion) Other comprehensive income – Items that may be reclassified to profit or loss - Cash flow hedges includes the gains or losses attributable to hedging instruments that qualify as effective hedges. These amounts will remain under this heading until they are recognised in the consolidated income statement in the periods in which the hedged items affect it.

f) Other comprehensive income - Items that may be reclassified to profit or