Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 372

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 372
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,394,121 thousand euros, which have accumulated depreciation of 575,576 thousand euros and are impaired in the amount of 39,201 thousand euros as at the aforesaid date (1,359,188 thousand euros as at 31 December 2023, which had accumulated depreciation of 486,883 thousand euros and were impaired in the amount of 40,026 thousand euros as at that date). The expense recognised in the consolidated income statement for 2024 for the depreciation and impairment of right-of-use assets corresponding to leased tangible assets in which the Group acts as lessee amounted to 104,569 thousand euros and 1,496 thousand euros, respectively (94,454 thousand euros and 1,369 thousand euros, respectively, in 2023). Information is set out below concerning the lease contracts in which the Group acts as lessee:

| Thousand euro                                      |     |      |         |     |      |         |
|                                                    |     | 2024 |         |     | 2023 |         |
| Interest expense on lease liabilities              |     |      | -18,833 |     |      | -16,910 |
| Expense related to short-term low-value leases (*) |     |      |  -3,641 |     |      | -11,793 |
| Total lease payments in cash (**)                  |     |      | 114,443 |     |      | 106,577 |

(*) Recognised in the “Administrative expenses” heading, in the item “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-cancellable period for lease contracts in effect as at 31 December 2024 and 2023 are indicated below:

| Thousand euro                          |     |      |         |     |      |         |
|                                        |     | 2024 |         |     | 2023 |         |
| Undiscounted lease payments receivable |     |      |         |     |      |         |
| Up to 1 month                          |     |      |   8,026 |     |      |   8,205 |
| 1 to 3 months                          |     |      |