D. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR 2017 AND 2016

(Millions of euros)

SHARE
CAPITAL

SHARE
PREMIUM

MERGER PRE­MIUM

TREA­SURY SHARES

OTHER EQUITY INSTRU­MENTS

VALU­ATION ADJUST­MENTS

RE­TAINED EARN­INGS AND OTHER RE­SERVES

ATTRI­BUT­ABLE TO THE SHARE­HOLDERS

ATTRI­BUT­ABLE TO NON-CON­TROL­LING INTER­ESTS

TOTAL EQUITY

Balance at 31/12/16

147

1,202

650

-41

0

-1,092

4,731

5,597

717

6,314

Impact of transition to IFRS 15 (Note 1.3.1)

0

0

0

0

0

0

-272

-272

0

-272

Balance at 01/01/17

147

1 202

650

-41

0

-1,092

4 459

5,325

717

6,042

Consolidated profit for the year

 

 

 

 

 

 

454

454

53

507

Income and expense recognised directly in equity

 

 

 

 

 

-185

 

-185

-60

-245

Total comprehensive income

0

0

0

0

0

-185

454

269

-7

262

Scrip dividend

3

 

 

 

 

 

-222

-218

 

-218

Other dividends

 

 

 

 

 

 

 

0

-47

-47

Treasury share transactions

-3

 

-298

1

 

 

-1

-302

0

-302

Remuneration of shareholders

0

0

-301

1

0

0

-223

-520

-47

-568

Capital increases/reductions

 

 

 

 

 

 

 

0

33

33

Share-based payment

 

 

 

 

 

 

1

1

0

1

Other changes

 

 

-2

-2

 

 

6

1

3

4

Other transactions

0

0

-2

-2

0

0

7

2

35

38

Perpetual subordinated bond issues

0

0

0

0

500

0

-5

495

0

495

Changes in the scope of consolidation

0

0

0

0

0

0

-68

-68

33

-35

Balance at 31/12/17

146

1,202

349

-42

500

-1,277

4,624

5,503

731

6,234

(Millions of euros)

SHARE
CAPITAL

SHARE
PREMIUM

MERGER PRE­MIUM

TREA­SURY SHARES

VALU­ATION ADJUST­MENTS

RE­TAINED EARN­INGS AND OTHER RE­SERVES

AT­TRIBUT­ABLE TO THE SHARE­HOLDERS

AT­TRIBUT­ABLE TO NON-CON­TROL­LING INTER­ESTS

TOTAL EQUITY

Balance at 31/12/15

146

1,202

963

-16

-805

4,567

6,058

483

6,541

Consolidated profit for the year

 

 

 

 

 

376

376

7

383

Income and expense recognised directly in equity

 

 

 

 

-287

 

-287

-8

-295

Total comprehensive income

0

0

0

0

-287

376

89

-1

88

Scrip dividend

3

 

 

 

 

-230

-226

 

-226

Other dividends

 

 

 

 

 

 

0

-25

-25

Treasury share transactions

-3

 

-313

-26

 

25

-317

 

-317

Remuneration of shareholders

0

0

-313

-26

0

-205

-544

-25

-569

Capital increases/reductions

 

 

 

 

 

 

0

45

45

Share-based payment

 

 

 

 

 

-17

-17

0

-17

Other changes

 

 

0

1

 

9

10

215

225

Other transactions

0

0

0

1

0

-8

-7

260

253

Balance at 31/12/16

147

1,202

650

-41

-1,092

4,731

5,597

717

6,314

The accompanying Notes 1.1 to 7.1 are an integral part of the consolidated statement of changes in equity for the year ended 31 December 2017.

Translation of consolidated financial statements originally issued in Spanish and prepared in accordance with the regulatory financial reporting framework applicable to the Group in Spain (see Notes 1.1 and 7.1). In the event of a discrepancy, the Spanish-language version prevails.

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