Company: BCDRF
Filing Date: 2025-01-02
Form Type: 6-K
Source: 0000891478-25-000002
Chunk: 20

Company: Banco Santander, S.A.
Filing Date: 2025-01-02
Form: 6-K
Chunk 20
---
 |     |            |  1,040 |
| Santander España                    |     |             |    998 |     |            |    998 |
| Santander US Auto                   |     |             |    994 |     |            |  1,003 |
| Santander Holding USA (ex. Auto)    |     |             |    806 |     |            |    814 |
| Santander UK                        |     |             |    639 |     |            |    612 |
| Banco Santander - Chile             |     |             |    498 |     |            |    516 |
| Grupo Financiero Santander (Mexico) |     |             |    447 |     |            |    523 |
| Ebury Partners                      |     |             |    339 |     |            |    350 |
| Santander Consumer Nordics          |     |             |    212 |     |            |    206 |
| Other entities                      |     |             |    332 |     |            |    369 |
| Total Goodwill                      |     |             | 13,487 |     |            | 14,017 |

During the first nine months of 2024 there has been a decrease in goodwill of EUR 530 million mainly due to exchange differences (see Note 11), which in accordance with current regulations, have been recorded with a credit to the heading Other comprehensive income - Items that can be reclassified in results- Foreign currency translation of equity through the Statement of recognized income and expenses.

Note 17 of the consolidated annual accounts for the year ended 31 December 2023 includes detailed information on the procedures followed by Grupo Santander to analyse the potential impairment of the goodwill recognised with the respect to its recoverable amount and to recognise the related impairment losses, where appropriate.

In accordance with IAS 36, a Cash Generating Unit (CGU) to which goodwill has been assigned should be subjected to an annual impairment test, and when there are signs of impairment.

In accordance with all mentioned before and the analysis made of the information available on the evolution of the different cash-generating units that could reveal the existence of indications of impairment, the directors of the Grupo Santander have concluded that during the first nine months of 2024 , there were no triggers that required the recording of impairments.

| January - September 2024 |     | 23 |

### 9. Financial liabilities

#### a) Breakdown