Company: BBVXF
Filing Date: 2025-07-31
Form Type: 6-K
Source: 0000842180-25-000033
Chunk: 53

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-07-31
Form: 6-K
Chunk 53
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, net
Other operating income and expense, net of this operating segment for the six months ended June 30, 2025 amounted to an €8 million income, compared with the €285 million expense recorded for the six months ended June 30, 2024. Other operating expense for the six months ended June 30, 2024 included the impact of the temporary tax on credit institutions and financial credit establishments in Spain amounting to €285 million (which was paid in 2024), whereas the half year expense related to the Interest Margin and Commission Tax was recorded under “Tax expense or income related to profit or loss from continuing operations” for the six months ended June 30, 2025.

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Income and expense on insurance and reinsurance contracts

Net income on insurance and reinsurance contracts of this operating segment for the six months ended June 30, 2025 was €201 million, a 2.1% increase compared with the €197 million income recorded for the six months ended June 30, 2024.

#### Administration costs
Administration costs of this operating segment for the six months ended June 30, 2025 amounted to €1,383 million, a 4.7% decrease compared with the €1,451 million recorded for the six months ended June 30, 2024, mainly as a result of the lower expense corresponding to the value added tax in Banco Bilbao Vizcaya Argentaria, S.A., following the upward re-estimation of such tax, applied pro-rata in previous periods and in 2025 (see Note 38.2 to the Unaudited Condensed Interim Consolidated Financial Statements).

#### Depreciation and amortization
Depreciation and amortization for the six months ended June 30, 2025 was €187 million, a 2.5% increase compared with the €183 million recorded for the six months ended June 30, 2024.

Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification

Impairment or reversal of impairment on financial assets not measured at fair value through profit or loss or net gains by modification of this operating segment for the six months ended June 30, 2025 amounted to a €301 million expense, an 9.7% decrease compared with the €334 million expense recorded for the six months ended June 30, 2024, mainly