Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 824

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 824
---
ase contracts in which the Group acts as lessee As at 31 December 2022, the cost of property, plant and equipment for own use includes right-of-useassets corresponding to leased tangible assets in which the Group acts as lessee, in the amount of 1,293,944 thousand euros, which have accumulated depreciation of 396,041 thousand euros and are impaired in the amount of 38,657 thousand euros as at the aforesaid date (1,341,931 thousand euros as at 31 December 2021, which had accumulated depreciation of 324,916 thousand euros and were impaired in the amount of 36,666 thousand euros as at that date). The cost recognised in the consolidated income statement for 2022 for the depreciation and impairment of right-of-useassets corresponding to leased tangible assets in which the Group acts as lessee amounted to 96,017 thousand euros and 1,991 thousand euros, respectively (103,155 thousand euros and 36,666 thousand euros, respectively, in 2021). Information is set out below concerning the lease contracts in which the Group acts as lessee:

| Thousand euro                                      |     |      |         |     |      |         |
|                                                    |     | 2022 |         |     | 2021 |         |
| Interest expense on lease liabilities              |     |      | -15,347 |     |      | -17,481 |
| Expense related to short-term low-value leases (*) |     |      | -11,592 |     |      | -11,537 |
| Total lease payments in cash (**)                  |     |      | 110,950 |     |      | 110,934 |

(*) Recognised in the “Administrative expenses” heading, in the item on “Of property, plant and equipment” (see Note 33). (**) Payments of the principal and interest components of the lease liability are recognised as cash flows from financing activities in the Group’s consolidated cash flow statement. The future cash outflows to which the Group may potentially be exposed as lessee and which are not included under lease liabilities are not significant. Minimum future payments over the non-cancellableperiod for lease contracts in effect as at 31 December 2022 are indicated below:

| Thousand euro                          |     |      |         |     |      |         |
|                                        |     | 2022 |         |     | 2021 |         |
| Undiscounted lease payments receivable |     |