Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 635

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 635
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 liability measured at amortised cost in accordance with IFRS 9. The further interest rate reduction of 50 basis points for the period from 24 June 2020 to 23 June 2022 was not subject to compliance with any specific net lending target, since it was considered that this reduction could result in the cost of this financing having better conditions than those in the market during the aforesaid time period. Accordingly, this reduction has been considered a discount associated with the Covid-19pandemic, aimed at reducing the Bank’s borrowing costs, and it has been systematically recognised under net interest margin in the income statement throughout the aforesaid period (see Note 4.4.3.1). 1.3.22 Consolidated statement of recognised income and expenses This statement sets out the recognised income and expenses resulting from the Group’s activity during the year, distinguishing between items recognised as profit or loss in the consolidated income statement and those recognised directly in consolidated equity. A-512

As such, this statement shows:

| – | Consolidated profit or loss for the year |

| – | Changes in “Accumulated other comprehensive income” in consolidated equity, which includes: |

| • |     | Gross recognised income and expenses, distinguishing between those that will not be reclassified in the income 
 statement and those which may be reclassified in the income statement.                                         |

| • |     | Corporation tax due on recognised income and expenses, with the exception of adjustments arising in equity interests 
 held in associates or joint ventures accounted for using the equity method, which are shown net.                     |

| • |     | Total consolidated recognised income and expenses, calculated as the sum of the two previous sections, showing                             
 separately the amount attributed to the controlling entity and the amount corresponding to minority interests (non-controlling interests). |

1.3.23 Consolidated statement of total changes in equity This statement sets out all changes in the Group’s equity, including those arising from accounting changes and correction of errors. It sets out a reconciliation of the carrying amount at the beginning and end of the year of all items that comprise consolidated equity, grouping changes together by type in the following items:

| – | Adjustments due to accounting changes and correction of errors: includes the changes in consolidated equity that                                                                                                     
 arise as a result of the retroactive restatement of financial statement balances, distinguishing between those that arise from changes in accounting criteria and those that correspond to the correction of errors. |

| – | Total recognised income and