Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 697

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 697
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 by impairment stage amounts to EUR 5million, EUR 0million and EUR 0million (EUR 9million, EUR 0million and EUR 0million in 2023 and EUR 6million, EUR 0million and EUR 0million in 2022) in stage 1, stage 2 and stage 3, respectively.

Annual report 2024 639

| Contents |     | Auditor's report |     | Consolidated financial statements |     | Notes to the consolidated financial statements |     | Appendix |

#### 7. Debt securities
a) Detail

The detail, by classification, type and currency, of Debt securities in the consolidated balance sheets is as follows:

| EUR million                                                                   |     |         |      |     |         |      |     |         |      |
|                                                                               |     |         | 2024 |     |         | 2023 |     |         | 2022 |
| Classification                                                                |     |         |      |     |         |      |     |         |      |
| Financial assets held for trading                                             |     |  82,646 |      |     |  62,124 |      |     |  41,403 |      |
| Non-trading financial assets mandatorily at fair value through profit or loss |     |     447 |      |     |     860 |      |     |   1,134 |      |
| Financial assets designated at fair value through profit or loss              |     |   2,897 |      |     |   3,095 |      |     |   2,542 |      |
| Financial assets designated at fair value through other comprehensive income  |     |  76,558 |      |     |  73,565 |      |     |  75,083 |      |
| Financial assets at amortised cost                                            |     | 120,949 |      |     | 103,559 |      |     |  73,554 |      |
|                                                                               |     | 283,497 |      |     | 243,203 |      |     | 193,716 |      |
| Type                                                                          |     |         |      |     |         |      |     |         |      |
| Spanish government debt securities                                            |     |  56,919 |      |     |  40,321 |      |     |  26,876 |      |
| Foreign government debt