Company: BBVXF
Filing Date: 2025-09-05
Form Type: F-4/A
Source: 0001193125-25-196513
Chunk: 319

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-09-05
Form: F-4/A
Chunk 319
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 rate to use and the disclosures to provide. Earlier application of these amendments is permitted. If they are applied to a period prior to the date of mandatory application, the Institution must indicate this. Not approved for application in the EU Amendments to IFRS 9 and IFRS 7 “Amendments to the classification and measurement of financial instruments” These amendments form part of the post-implementation review of the classification and measurement requirements of IFRS 9 “Financial instruments”, as well as the requirements related to IFRS 7 “Financial instruments: disclosures”. The main changes to the requirements relate to:

| – | settling financial liabilities using an electronic payment system; and |

| – | assessing contractual cash flow characteristics of financial assets, including those with Environmental, Social and 
 Governance (ESG)-linked features.                                                                                   |

The amendments also concern the disclosure requirements relating to investments in equity instruments designated at fair value through other comprehensive income and include additional disclosure requirements for financial instruments with contingent characteristics that do not relate directly to the risks and costs of a basic lending arrangement. The application of the amendments to IFRS 9 should be carried out retrospectively, although it is not mandatory to restate information from previous years. Earlier application of either all the amendments at the same time or only the amendments related to the classification of financial assets is permitted. A-104

Amendments to IFRS 9 and and IFRS 7 “Contracts referencing nature-dependent electricity” The purpose of these amendments is to improve the information disclosed by banks in their financial statements in relation to nature-dependent electricity contracts, generally structured as Power Purchase Agreements (PPAs). Earlier application of these amendments is permitted. Annual improvements to IFRS Accounting Standards - Volume 11 These amendments include clarifications, simplifications, corrections and minor changes aimed at improving the consistency of the following standards: IFRS 1 “First-time adoption of international financial reporting standards”, IFRS 7 “Financial instruments: disclosures” and its accompanying guidance on implementation, IFRS 9 “Financial instruments”, IFRS 10 “Consolidated financial statements” and IAS 7 “Statement of cash flows”. IFRS 18 “Presentation and disclosure in financial statements” IFRS 18, which will replace IAS 1, aims to improve the quality of financial reporting, as it:

| – | introduces defined categories for income and expenses (operating, investing and financing) and requires defined 
 subtotals for each category (i